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WCP: Mike Maloney "The Death Of The Dollar"

  • Broadcast in Education
Faheem Shuaibe

Faheem Shuaibe

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1920s  Sell the house buy the Gold = 150 oz.

1930s  Sell the Gold [from the 20s and] buy the houses = 2.5 Houses

1970s  Sell the houses [from the 30s and] buy The Gold = 850 oz.

1980s  Sell the Gold [from the 70s and] buy the Houses = 30 Houses

2000s  Sell the houses [from the 70s and] buy The Gold = 24,000 oz.

2011    Sell the Gold [from the ‘00s and] buy the Houses = 160 Houses

20??    Inflation causes the price of Gold and home prices to rise and gives the holder of Gold more purchasing power. 24,000 oz. from selling the 160 houses at 150 oz. per house is equivalent to buying 480 houses. 480 houses, speculatively speaking, at as much as $3 million per house is $1.44b.

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