When you price a home in gold instead of dollars, it shows the house has lost about 77% of its real value. The apparent price rise is just dollar depreciation, not actual appreciation. Gold's stable purchasing power reveals what the shrinking dollar hides.
Chapters
The house didn't really get better. But if you actually see it from this vantage point, you actually need fewer ounces to buy this same home. Most people see the price of homes going up. However, to me, I look at it from a different lens. It's not price growth. I actually look at it from this vantage point. The currency has decayed, and it's more of an illusion. And if I were just to compare that difference there, that's a 77% drop in real terms if this home was denominated in gold. And when people think of price growth, again, that's why I think of it as currency decay. And the house didn't appreciate, the dollar depreciated. If you kind of visually imagine every year your measuring stick starts shrinking, but nobody's telling you the ruler's changing. Gold doesn't grow, it just stands still. What's actually really changing is the dollar's shrinking.