In 1971, gold was fixed at $35/oz, the median home cost roughly 714 ounces of gold.

Today, with gold around $4,700/oz, the median home costs closer to 85 ounces.

In gold terms, housing hasn't inflated. It has collapsed.

And homes may be only the beginning.

Measured in dollars, nearly everything appears more expensive over time:
Cars. Televisions. Clothing. Consumer electronics.

But measured in gold, many of those same goods have experienced massive deflation since the 1970s, even as their quality improved dramatically.

The average television in 1975 was a bulky wooden box with poor picture quality and a few channels. Today, a fraction of the gold once required buys a massive 4K screen connected to nearly infinite information.

Cars are safer, faster, cleaner, and more reliable.
Phones replaced cameras, maps, stereos, televisions, and computers, all while shrinking into your pocket.

This also raises another question: if gold measures value this effectively, why aren't more investors putting it to work?

Measured in gold, modern life has become astonishingly affordable.

Why?

Because the supply of gold grows slowly, roughly 1–2% annually.

Meanwhile, the global supply of goods, services, technology, and productivity compounds exponentially.

Humanity becomes more efficient every year:
Better logistics.
Better automation.
Better manufacturing.
Better software.
Better energy use.

In a stable monetary system, that should naturally lead to falling prices over time.

In other words: deflation.

Not depression.
Not collapse.