A $150,000 House in 1988 Now Costs $707,500 Thank You Fed; Guessing that the home is about 2,000 square feet. This equals to about 360% inflation. - The Great Awakening - Where We Go Qne, We Go All!

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A $150,000 House in 1988 Now Costs $707,500 Thank You Fed; Guessing that the home is about 2,000 square feet. This equals to about 360% inflation. (mishtalk.com)

posted 105 days ago by Jscholl17 105 days ago by Jscholl17 +58 / -0

A $150,000 House in 1988 Now Costs $707,500 Thank You Fed

The Fed has grossly distorted the housing market and no fix is in sight. A couple of images will explain.

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– BasedWatcherWatching 2 points 105 days ago +2 / -0

1988 price of silver varies from $3.50 - $5.50, so call it $4.50 for the year. $150,000 = 33,333 oz silver.

2024 price of silver $26.03, so $707,000 would be about 27,192 oz silver.

I believe gold, and especially silver are being held down. But even with that happening, if silver still held its rightful place at 16:1 with gold, silver would be 2250/16=$140/oz or just 5050 oz silver for the $707000 house.

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