Booth: Real estate would be deflationary without central bank easing
Jeff Booth · When Will Poor Revolt Against Rich? Is Unemployment Good? Currency Pegged To Bitcoin with Jeff Booth · Apr 30, 2020 · at 30:53
Jeff Booth explains how central bank debt expansion inflates asset prices rather than allowing technological deflation to lower housing costs.
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“It would look deflationary just like everything else. If you didn't have this, if you didn't have if you didn't have this, and then your savings would be going up and you would be able to buy more for everything would look like that. You would follow the natural trend of what prices wanted to do.”
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