Re: Re: Spain’s Squatter’s


Logan yes but that in reality is just supply and demand. Without monetary inflation prices in general would always decline if there wasn’t a shortage of them because of efficiency gains. Monetary inflation is the is the bad biproduct of a expanding money supply in a fractional reserve system which makes people on fixed incomes become poorer. It makes planning for the future very hard since the good ole fashioned pensions can’t keep up. Hopefully people have during the productive working life bought a house at less inflationairy price levels long before their pension so they can at least survive.