3 ms·
> the cash would just flow into whatever could be still be bought, probably housing How would this decrease the value of the currency? It would certainly redu
by acuozzo 4y ago
> the cash would just flow into whatever could be still be bought, probably housing
How would this decrease the value of the currency?
It would certainly reduce asset availability, but— to use your example —there's an absurd surplus of housing nationwide.
- s1artibartfast 4y agohousing is one factor in tracking the value of a currency. Assume we freeze the prices of consumer goods, cost of housing still figures into your budget and cost of living. >It would certainly reduce asset availability, but— to use your example —there's an absurd surplus of housing nationwide. I cant relate to this idea of an absurd housing surplus. It simply doesn't match m understanding of reality. Housing prices have gone through the roof almost everywhere people want to live.