One reason why prices soar is that the fed approximately doubles the amount of money in the economy every 10 years. One question is who gets the new money and how do they use it?

Another big factor is that since people increasingly treat real estates as "savings" (because their cash is constantly losing value due to inflation), you have more and more people dumping all their cash into property and refusing to sell, since it's their piggy bank.

Another great reason to not have a wildly unstable currency....

>>513553731
If the amount of money was 17 trillion in 2020, 8.5 trillion in 2010, and 4.8 trillion in 2000, then that means that prices should be approximately doubling every decade if the amount of goods stays the same. This is what caused hyperinflation in Germany, Venezuela, and Zimbabwe, when the government flooded the economy with new money, thereby making money become much less valuable.