THE REAL VALUE OF AMERICAN REAL ESTATEMolson asks: what's safe when fiat fails? A great question. We unfortunately have more films on alien invasions and killer robots than we do on fiat failures, so relatively few have thought through this scenario. But given that decades of accumulated borrowing is now finally coming due, it's worth modeling what happens when the dollar is debased to pay the unpayable debts:We'll focus on the question of whether real estate is really safe in the event of an American fiat ...