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[–]trident765 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

So this should cause a housing crash, because people will be foreclosed on because they need the money to pay for food.

[–]fschmidt[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

No because there will be high inflation and real estate will protect from inflation. Modern economic policies are designed to take from the poor and give to the rich. The Fed prints money which it basically gives to the rich and this causes inflation which takes from the poor. So assets like real estate will just be sold by the poor and bought by the rich who will then rent it back to the poor.