An interesting chart here from an Austrian Economist on how we use property for saving (we are used to hearing from Keynesian economists in the West - it's important to balance the info we absorb) Saifedean Ammous @saifedean Going off the gold standard in 1914 stopped a centuries-long increase in affordability of homes by degrading the value of money, forcing people to use their homes as saving accounts, raising house prices beyond the rise in income https://x.com/saifedean/status/1807407980666552385?s=46