How is raising interest rates helping people? The price of everything has gone through the roof! And now the interest rates on the average American's debt has as well. Duh!
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- Thread starter Celticguy
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How is raising interest rates helping people? The price of everything has gone through the roof! And now the interest rates on the average American's debt has as well. Duh!
cancel2 2022
Canceled
Ask the lying Calicunt about Boebert!
Fundamentalism is an attempt to prove a circular argument either True or False. You are hearing scripture. Yes, it comes from the Ministry of Truth. Yes, it is the same scripture. It all comes from the Church of Karl Marx.
Yes. It is propaganda.
The Fed is currently doing two things:
Raising interest rates, and
printing money as fast as it can.
Thus, the housing markets and building markets, which would normally face deflationary pressures at high interest rate will probably remain less inflationary than everything else by comparison, simply by making it too expensive to buy or build homes.
Looks like at least another year of economic depression.
And trying to sell off what was once $9 trillion in assets as their value plummets.
one would think that after hearing Biden, Powell & Yellen lying about the economy the last 6-8 months (remember the "transitory" inflation ?) people would figure it out. But I guess you first have to WANT to figure it out.
People HAVE figured it out. They know what Biden is. They know what the Democrats are. They know what they are paying for fuel and other supplies.
Democrats are STILL trying to bald face bluff their way out of this!
Bigdog
Harris - make America a 3rd world shithole
Lol, I hadn't heard that frog story.
Yeah, I do think that Carter was a kind man. Too kind to be president.
Looks like another year if Biden.
Does a kind man set up price controls and cause massive shortages of fuel?
Does a kind man ignore the Constitution of the United States, such as the 14th and 16th amendments?
Does a kind man tell people to freeze during winter while cutting off their fuel supplies?
Does a kind man force everyone to drive 55mph on 80mph roads?
Does a kind man threaten war with Russia?
Does a kind man allow mid-east terrorism to build to the point that the entire region destabilizes and US citizens are captured?
Carter was certainly better than most Democrat leaders, but kind? No.