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All of this is assets that can loose value when inflation goes up, as they are denoted in the same currency that's inflating the reason they don't now is that w
by Stranger43 5y ago
All of this is assets that can loose value when inflation goes up, as they are denoted in the same currency that's inflating the reason they don't now is that we deliberately tie the value of money to the value of land.
The problem for the wannabe feudalists is the same that killed off the landed gentry, when workers got rights and privileges in the 18th century, is that land not worked is not really worth anything so they will have to spend more and more of their profit maintaining the productivity as people gain more economic power to live elsewhere or differently.
And cheap land is around especially if you break free of the large cities.
- jtbayly 5y agoSo... yeah, you're ignoring supply and demand. We haven't tied the value of money to the value of land. Land has value. If you want it, you have to pay for it. (Unless you are advocating for the government to seize all property.) If the value of money goes down (which is what you said to let happen), then the cost of land goes up. On what basis do you claim that hard assets will decrease in value as cash decreases in value? Can you name some examples where this has happened? Edit: I don't think you can, because the definition of inflation means that the costs of things are going up.