This thesis explores the relationship between money supply inflation and price appreciation. Typically in the United States, price inflation is measured by the Consumer Price Index (CPI). Although this metric accounts for price variations for a wide range of goods, it does not include scarce assets in the economy such as commercial real estate, equities, debt, fine art, precious metals, and other stores of value. The role of this paper is to see if scarce goods elevate in price at a higher rate than non-scarce goods, and to examine if expansion of the currency supply furthers this price appreciation difference. From a mathematical perspective on currency, each additional unit of currency added to the total supply decreases the relative value of all existing currency. Therefore, in an inflationary monetary system, holders of the currency are destined to lose purchasing power; thus, lowering their living standard over time. In order to combat this wealth dilution through currency debasement, it is necessary to own assets that maintain value across time and are protected from major fluctuations in supply.