>>513606547 (OP)> Muh inflation> Muh supply and demand> Muh inventory None of that is the real reason
Banks create money everytime they give out a "loan". Your obligation to payback the loan is called a security, and is actually considered an asset worth the loan + interest by the bank.
The "money" you receive from the bank is always deposited into an account with them. But since the money is deposited in your account, this is now considered a deposit by you. This is how money is literally created from nothing.
The reason education, homes and cars are so expensive is because you can take out loans for them, and the excessive amount of these unproductive loans is what's actually driving inflation. So more and more money is created and pumped into the economy without ever actually being paid back.
Same thing with credit cards, money is created out of thin air to pump more money into the economy for useless consumer bullshit.
Banks actually create the majority of money in the economy (90%) through loans. Its not "printed" by the government like most people think. The more centralized the banks, less money is created for normal people, and instead it all goes towards loans for already established and wealthy entities. This problem gets worse as the banks become more and more centralized.
> everyone wants to move to new York> rents are hitting record highsIts very important to keep in mind this was already happening because of asset inflation through bank loans.
What i theorize the reason for the huge influx of turd world immigrants is, especially from India, is to artificially create more demand for these assets to match the the inflated prices.
Because without these hordes of turd worlders, this entire banking ponzi scheme would fall apart as the prices would lower, loans wouldn't be repaid etc etc.
