Housing prices didn’t just go out of reach after Obama left office.
As for shopping for groceries, you don’t think prices went up under Obama?
Low interest rates do hurt those trying to live off savings, but they help many others buy homes, vehicles, appliances...
Is 19.5% interest charged on your credit card not enough? You do realize that interest floats on the prime interest rate right? Sure, let’s let it go to 7%. Then you can pay around 27% interest for your credit cards, and seven percent more on the purchase of anything you buy.
Retailers will have to raise rates because the money they borrow to conduct business will force them to raise prices across the board.
Hmmm, weren’t you just bitching about inflation?
You mis-understood my post so badly, I won’t bother to offer a detailed response.