this post was submitted on 12 Aug 2026
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Every investment has grown incredibly in price. Stocks, gold and also housing. That is honestly the biggest reason a blue collar workers pay can no longer feed a family of five easily. In the 60s food was actually pretty expensive back then for example. In the US of 1960 a stick of butter would be the equivalent of $27.74 today. However housing was not and that makes up a huge part of current spending, if you do not own a property already.
That further points towards the idea that it's not Gold going up in price, it's government issued currencies going down in value.
It points to assets being inflated, due to the rich not being taxed properly any longer.
I mean, on the housing front (in the US at least), it has far more to do with the government backed 30 year mortgage (cheap money drives prices up) and zoning regulations (which constrain supply and also drive prices up).