UNITED STATES DEBT IS ALSO DESTROYING AN OBTAINABLE HOUSING MARKET FOR OUR CITIZENS

LESSON: Along with returning to a gold or silver monetary standard, the U.S. must produce a residential building boom (ownership not renting) and ban large corporations from residential home ownership.

We recently reviewed how the printing of fiat money has already bankrupted the United States, raising our debt to $38 Trillion and reducing the value of a dollar 96% since the corrupt Federal Reserve took over.

Now, let’s explain how the government and elites have destroyed the country’s housing market for the middle class, just like they’ve destroyed everything else for this backbone of our country.

In the last 55 years, the number of U.S. houses have doubled from 70 million to approx. 150 million (2x). But the money supply (the number of dollars floating around due to the insane printing out of thin air) has gown 30x! Therefore, housing costs have risen 15x. Easy math!

As you know, young people cannot afford to buy homes, and scummy huge investment funds like Blackstone are buying up all the houses and forcing everyone to rent and never build equity and wealth for themselves.

This printing also keeps giving the politicians unlimited checkbooks for endless wars and incredible fraud laundering the middle class tax dollars. – see Minnesota, see California, see the DOW $21 Trillion off the books, see everywhere.

The wildest irony is that U.S. innovation has lowered the costs for crops, dairy, fertilizer, and water consumption 60-80%. The price of food should have drastically lowered for us, but due to the horrific crash in the value of the dollar from the printing, everything is radically more expensive.

The only reason the U.S. government has gotten away with this is because our dollar has been the world reserve currency. But that game is just about over, and it is going to get very, very ugly. It’s a matter of when not if (sounds like a great book title!). Will you have a chair for your family when the music stops? Winter is coming.

Have a great week!

- Thank you to Pierre Poilievre for a good list of statistics.