Posted on 02/18/2024 8:35:29 AM PST by Kaiser8408a
The scum establishment is attacking Americans with fiat currency inflation, crushing taxation, and illegals immigration to depress wages and spike inflationary pressure.
We are ruled by evil criminals, thieves, and perverts.
This cannot stand.
No good choices.
I bet they raise.
Interest rates will probably not decline, until tax rates increase.
I don’t know how Fed Chair Powell personally feels. But the Deep State obviously wants to see Biden “win” again in November. Inflation will upset the voters. But so will higher borrowing rates.
Poor Fed Chair Powell. I guess he’ll be getting a ton of conflicting advice.
The only way to relieve inflation is to produce more of the goods that are in high demand.
Screwing with interest rates causes high unemployment, bankruptcies and major misery for the public.
The FED is a scam. And a gift to side traders.
CLOWARD & PIVEN
It’s overwhelming alright
“Home Price Growth Reaccelerating”
Home prices are driven by the stock market, not by interest rates.
What a young adult does buying an iPhone mean?
Quite often it means being priced out of the opportunity to buy a house.
What a young adult does buying from Amazon mean?
Quite often it means being priced out of the opportunity to buy a house.
(The scum establishment is attacking Americans with fiat currency inflation, crushing taxation, and illegals immigration to depress wages and spike inflationary pressure.)
World War III will provide an excellent distraction.
Sorta.....but not really.
Home prices growing is in large part because of hedge funds manipulating the markets, period.
Playing with interest rates isn’t going to stop this trend.
“We are ruled by evil criminals, thieves, and perverts.
This cannot stand.”
The average American hates government and politicians, but votes to increase both.
If housing wasn’t overpriced, people with 6% mortgages could tack on 2% onto the mortgage principle and only shell out 4% on a timely basis to the mortgage company.
If inflation is 8% a year, do you think mortgages should be 4%? 5%? People lending out money would be losing 3% or 4% a year in buying power.
“hedge funds”
They are going into housing because lots are becoming small compared to house size, houses now have more durable components such as all plastic shower stalls and because houses are being built in desert areas where overgrown lawns aren’t likely to be a problem.
They basically can make and break whatever promise they make with money. Debt is near meaningless since you can inflate your way out of it.
But... What that means is that a bunch of corrupt politicians and their stooges in the bureaucracy have total control.
You could save all your life, and suddenly with a Biden in office find that 20% of what you worked for just vaporized, if what you scratched together was in the form of money.
If people are dumb enough to pay these interest rates I happy to accept them as I live completely off dividends
Eccl 10:2
has put together an investment thread ping list
it’s been going about 2 weeks
ping him .... or something to get added
it’s been great ..... the more the merrier
Tax increases do not lead to revenue increases.
Correct, but the promise sells to the left.
IKR. Every D caller this morning on CSpan called to tax the rich to fox the deficit! The thought that they will inevitably be the ones paying the taxes for the rich goes over their heads.
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