A $150,000 House in 1988 Now Costs $707,500. Thank You Fed.
Posted by freedomforall 3 months, 2 weeks ago to Economics
The gold nugget of this article:
"Only price-insensitive buyers, the newly rich, or those who just sold their previous house, can afford to buy."
Ordinary people don't bother even trying. You do not matter to the puppeteers.
D.C. NIFO
"Only price-insensitive buyers, the newly rich, or those who just sold their previous house, can afford to buy."
Ordinary people don't bother even trying. You do not matter to the puppeteers.
D.C. NIFO
……………..Devaluing the Dollar……………..
The government keeps printing money making Your Money and Your Savings worth less than Toilet Paper.
In 1971 when the dollar was removed from the gold standard there was approximately 60 billion dollars in circulation. Now there is 2,345 Billion Dollars in Circulation, Backed by Nothing, thus reducing the buying value of your dollar by 88%.
After Removing the Gold Standard your money is just Paper and They keep Printing, Spending and Giving it Away while you go Broke.
"carter" was talking how nice inflation would be
we'd all have million dollar homes
smoke $10 cigars
was quite good sarcasm
i believe Dan Akroyd was carter in both skits
https://www.youtube.com/clip/UgkxagY-...
Your earlier post unveils another good one, too:
https://www.youtube.com/watch?v=ABvu0...
thanks!!
they were left leaning back then, but would still poke at democrats
If I'm not close enough to get your kids a pony ride, find someone who is. Ponies everywhere are still paying off their credit cards from having suffered through the unemployment of 2020, with No Birthday Parties.
late wife and i did pony rides!!!
almost 30 years ago now
those little monsters (the ponies, not the kids) were very good at escaping past fences!!
Badly behaved ponies often were trained by children, rewarded for doing wrong and punished for doing good. That's umop episdn from the right way. Kids mostly do not understand training.
Good luck trying to write-off all of the expenses you had on that property. Insurance? NOPE. Repairs and Maintenance? Upgrades? (Well, they want just 1 MORE piece of paper than you can find, but routine maintenance. Not a chance).
It's all fraudulent.
All people need to do is visit their grocery store to see that they should vote for Trump to at least slow down the race to socialism. He isn't the very best to corral government, but is the best this time around.
forever and is only a slave to the actual owner, the state. (Not even
accounting for the debt enslavement to the banking cartel that creates fiat
from nothing and charges interest as if the loan was made from the bankers'
earned investments.) Then when the property is sold the state demands
(steals) additional payment of taxes on the inflated price that in reality
is just a decline in the purchasing power of the fiat currency.
It is little more than debt slavery and tax slavery and the ultimate
con game by a gang of thieves.