2 ms·
The other factor in pricing is monetary expansion. Every 10 years the US money supply doubles. Factor that in, and essentially what we´re looking at is a world
by neffy 10y ago
The other factor in pricing is monetary expansion. Every 10 years the US money supply doubles.
Factor that in, and essentially what we´re looking at is a world where production is increasing, reducing prices, money and credit supply are increasing, increasing them - at the same time. At the moment the two are more or less (more in the case of TV´s, less in the case of housing) balancing each other out.