Mark Moss describes a reverse crash where stocks and real estate rise in price while the dollar weakens, making you look richer on paper but unable to afford housing, healthcare, and education. Your nominal wealth grows while your actual purchasing power shrinks.
Chapters
Washington gets a longer runway, the dollar system gets stronger, but every individual dollar continues to get weaker. Now that creates something that most investors aren't prepared for, something I talk about quite often. It's a reverse crash. You see, in a normal crash, everything falls. So the value of your stocks, your real estate, your retirement accounts, all those things, they, they go red, they drop. But a reverse crash, it looks completely different, right? In a reverse crash, your stocks go up, your home goes up, your retirement account goes up. But the next home costs even more. So does your insurance. So does your healthcare. So does your education. And so does the life that you're trying to build. So what happens is you look richer on paper, right? But you become less rich in real life. So the quality of your life goes down like a crash, even though prices went up.