If you have a perfected land patent you can't lose your land
So money is essentially a reflection of the value of your labor right?
Juan Gutierrez
Jaxon Morgan
I think you have a good point OP but your logic is also flawed, because you bought plenty of other things in those 30 years too.
Leo Perez
It's because our money supply is based on Banks making loans. Most loans go to buying property ( mortgages ) and/or have property as a collateral, so you get huge inflation in property prices.
Parker Rivera
The value of a good is determined by supply and demand, not by the cost of production.
Brayden Richardson
If houses are selling at the prices they are, they are by definition not overpriced.
Landon Bennett
Fuck commies
Fuck boomers
Yeah, and fuck banker parasites too
Gabriel Price
>This article explains how the majority of money in the modern economy is created by commercial banks making loans.
Nice free market duuude.
bankofengland.co.uk
Jeremiah Nelson
I built my house from locally sourced stones, with my friends over the course of 11 months, in our free time (weekends and holidays). Was a very pleasurable experience.
Jackson Wright
>So money is essentially a reflection of the value of your labor right?
No.
Money is how much debt you owe the fed of your nation or some other nations fed.
Money = IOU and has nothing to do with labor.
>play lottery
>by offchance win millions
Wow so much work done.
No.
Anthony King
But the money may be weak