Ken Greene discusses the change in the value of assets like gold, the stock market, and real estate in comparison to the depreciating value of the US dollar since the 1970s. He stated that, while the value of these assets might not have significantly increased, they now require more money to acquire due to inflation.
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- Ken’s views on the importance of having financial security with diversified assets
- The data on housing prices from 1971 compared to 2023 and the increase in the time needed to acquire a house based on median income
- People need to save more, live within their means and invest wisely to beat inflation and erosion in the purchasing power of money
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