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The author is fighting an uphill battle given that this subject has been covered many times in the past, each with their own interpretation, more often than not

The author is fighting an uphill battle given that this subject has been covered many times in the past, each with their own interpretation, more often than not in contradictory opinion. I stopped reading after it became clear that they are just following the same carved path that's been covered before, with all the same mistakes, not original thought. Monetary debasement (money-printing) explains the issues. The chaos is explained by Mises with regards to centralized systems as early as the 1930s. There's really no point in discussion when the majority is noise.

asdff 1y ago
At the same time cost of living has not risen so much in certain parts of the country. You are paying say $1.2m in CA for a modest home worth say $90k in Toledo, Ohio. Labor certainly isn't so depressed in Ohio vs CA, it is a little but not by a factor of over 10 fold like we see in comps in the housing market. This is why it is important to recognize the regional factors that lead to these differential outcomes IMO, and you can't consider that without considering the state of the housing market. Everywhere had the same Fed but we see dramatically different outcomes.