The real wealth of nations is determined by the goods and services they produce, and what other nations are willing to pay for those products. Money is only a symbol of wealth, and usually declines in value. Which is why gold and silver - being commodities - increase in value. They are products of labor, and have intrinsic value. All religious scripture warns us about becoming disconnected from nature, and God who created its forces.
In the real world, supply and demand determine price. Increasing the supply of goods and services causes their price to decline; unless the market is being manipulated by powerful people or government regulation. We suffer from market interference, which is often deliberate and malicious.
Higher education is a perfect example. Rather than increase supply of higher education by making it easier to build new colleges, Democrat/Progressives pour money onto the problem, providing more money to "those in need". Thus, the costs of higher education have soared far beyond the rate of inflation, and another economic bubble has been created.
This is what happened with housing in this decade. Fannie Mae and Freddie Mac poured money into the hands of low income people. Thus, the per-square-foot cost of entry level housing soared beyond reason, equaling the per-square-foot cost of the finest housing in many areas of the country. This was entirely unsustainable. The bubble's collapse affected lower cost housing far more than luxury housing.
It's just as terrible to be ignorant of basic economics as it is to be of reading and writing English.