Either money buys less, or assets buy less because of monetary inflation. (alephblog.com)
If it's ok to purchase (theoretically) appreciating assets with debt, why is it that the only asset we buy is a house? (allfinancialmatters.com)
Of course, naysayers can say the value of assets bought pre-2014 are vastly overstated in value, which then artificially inflates that book value. (canadiandividendinvesting.com)