They scammed us out of sound money that we can just save independently, and then forced us to hand our life savings over to giant corporations just to match the c̶o̶u̶n̶t̶e̶r̶f̶e̶i̶t̶ inflation rate.
Then we complain about how big corporations are.
Then we get propagandized into thinking inflation is all because of greedy corporations so people demand they pay more taxes which just leads to more inflation. People are depressingly retarded.
It's interesting that the guy sounds upset that the housing market hasn't gone up as much as the stock market. I wonder if he understands that monetizing something with such critical utility is horrible for humanity. At least the stock market is a financial instrument. Thank goodness people are trying to use the stock market instead of real estate to protect their purchasing power. Bitcoin would be better, but we are still early.
The housing market crisis could be easily solved by making much easier the building of new homes, reducing bureaucracy etc. But if you do this, a lot of new houses enter the market and would reduce a lot the value of people that have their investments in real estate (boomers), that’s why they aren’t interested in fixing the housing crisis, they would lose 2/3 of their votes.🤮
Well, a house shouldn’t be an investment, it should be a basic thing where you live. A young person should be able to buy it without entering 50 year mortgages. Is incomprensible to fuck the new and young generation to benefit the old ones