Those three elements all go together, according to The Good Citizen. Here's an excerpt.
Engineering the destruction of the middle class:
- Money printing and reckless spending create massive inflation driving up the costs of everything
- Import millions of illegals and housing demand will eventually exceed supply, even in highly desirable areas
- Export manufacturing jobs by the tens of millions through globalization
- Import millions of third-world tech workers with H1B1 Visas to undermine the American worker
- This is also how the California invasion of other western states was engineered: A couple sells their two-bedroom ranch shit box in Reseda they inherited from her parents for $2 million and can buy whatever they want in Idaho, Oregon, Nevada, Washington, Montana, and so on and still have a million left over
- Wages and income never keep pace with inflation while debt is encouraged by parasitic usury-pimping banksters at every turn; homes, cars, college, appliances, furniture, big-ticket electronics, vacations, amazon shopping, hell everything can be bought in installments now with companies like Affirm charging 15% APR
- Nobody ever gets ahead. Each generation falls further behind the last one.
. . .
It’s not that Americans’ homes that they bought for $500,000 five years ago are now “worth” a million bucks, it’s that a million bucks doesn’t buy much anymore and the **** it does buy, is mostly, pure ****.
. . .
The dollars used to purchase homes are rapidly decreasing in value, whether they come from Blackrock or a mortgage for a first time buyer.
Once double-digit inflation kicks in for two consecutive years the path to hyperinflation is not far away. And worse still, because inflation is compounding year after year we’ve just experienced 30% inflation since 2022.
Historically any nation that has crossed the 50% inflation mark in a single year did so in a matter of days. And the jump from 50% to 150% followed soon after also in a matter of days. From there it can jump to thousands of percent and it’s game over for any holders of that currency.
It doesn’t matter if a home sells for a trillion dollars on Flip or Flop or any of those other idiotic shows where miserable husbands and wives reveal that nothing will ever make them happy, not even white marble countertops or double vanities to go with triple ignorance and quadruple stupidity. The purchasing power of a trillion worthless dollars is nothing.
There's more at the link.
I highly recommend clicking on the link above and reading the whole article. The Good Citizen has some very cogent arguments, and some scary comparisons between what you can buy for half a million dollars in California versus Scandinavia. They'll make you think - and it's hard to argue with his conclusions.