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Damn I haven’t even started thinking about the inflation beyond the horizon
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Historically, yes, real estate has performed relatively well in inflationary environments. The one caveat I would add is that inflation will mean higher interest rates, and higher interest is not usually good for real estate prices. I prefer Gold! twitter.com/Digoriii/statu
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Old enough to think printing money=inflation. Then 2008 happened and broke that view. Most people today only known 2008 and think printing money != inflation. But fewer businesses and higher cost of operating a business and inputs seems to mean price inflation.
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Yeah I’m not quite sure wtf happened in 2008 but I still have that older view as my default. After this current squeeze on the dollar, the go brrr = inflation I think. Not clear how else equation can balance.
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Go brr on its own won't necessarily do anything. Like in 08, lots of money was "printed" but wasn't let out into the rest of the economy. Banks didn't run wild lending, they actually reigned it in. I think future inflation comes from UBI/mass unemployment benefits, and onshoring
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Well they drove up stock prices which is a kind of sector-bounded inflation. They didn’t rein it in. They cashed it out among fellow cronies. The crash kinda wiped that out, so we’re basically re-solving the 2008 crash because the “solution” didn’t stick.
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Yep. The people being hurt don't even realize it's happening. If the price of food doubles, a lot of people will notice. 2008 crash was solved, afaict. The problem is more structural, goes back further → housing is too expensive, wages aren't growing. 2008 issues were a symptom
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