Money serves as a middleman in trades, allows for savings over time, and helps compare the value of different things, but its value can be distorted by inflation and manipulation.
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Posted inFinance
The Rise of Real Estate and the Birth of Modern Credit
The evolution of credit markets and the rise of real estate as a hedge against inflation have led to a shift towards mortgage lending, with banks recognizing the value of homes as collateral, but with the potential for market crashes if incomes cannot support the weight of debt.