Re:Why I hate the weekends (2017)
by mindslight on Sunday February 17, 2019 @05:49PM
(#19187398)
It can seem quite extraordinary when stated plainly.
https://www.federalreserve.gov/faqs/economy_14400.htm
The main goal of inflationary monetary policy is the shameless "maximum employment". Since the cost of manufactured goods will not go down (technological progress and fundamental economic optimization), in order for CPE to continue to rise then some other component must go up. The closest consumers get to new money creation is taking out loans for housing, therefore the price of housing goes up.
I downvoted you because of this extraordinary claim. If you're going to make a claim like this you need to provide evidence. Not only that but the government doesn't even have direct control of property values and indirect control is at the local level.