Everybody needs food and fuel even if they don`t own a vehicle.
The point being that hard assets, whether needed or not, are a relative inidicator and store of value/purchasing power.
You need relative references when dicussing the real value of fiat currencies.
Interest rates have been at historic lows and the appeciation of real estate in recent years has skewed way above the long term trend line.
There could very well be a signiciant correction back to the norm or below or there could be a lengthy period of stagnation.
