As the more FED print, the less the dollar has value! That means the cost of rent, food, toys, and many other items keep going up!
Plus as Credit becomes cheap the higher the cost of cars, real estate goes up as there is more demand to buy the “stuff” as credit is almost free and anyone can borrow there for economy 101. As there is more buyers becase of easy credit, the cost of “stuff” will go up.
Simply put, inflation is making the cost of good go up. Plus easy credit is making the cost of good to go up. That make the middle class to get into more debt. But at the same time, it make the working class not to make end meet. That is why homeless is so high in America! That is why crimes is so high in America!
#MinimumWage #EconomicCollapse #MyRealEstateDojo
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DISCLAIMER: This is NOT Financial advice, Legal Advice, Accounting Advice. Everything expressed here is my opinion. I am not responsible for any investment decisions that you choose to make, please do your own research before risking your own money. Read more: https://www.myrealestatedojo.com/pages/earnings-disclaimer