0.25 interest rate hike

evince said:
Which is what the rate hikes are intended to do fool


Stop the over heating
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You are plain STUPID. Im not talking about the hikes you fucking idiot. Im talking about how people react to them,....they are fucking stupid. Like YOU are.
 
Stone said:
It should be OBVIOUS that when we are talking about such things we are not talking about our own individual selves but instead the country as a whole. RIGHT? C.mon man.....get with it. Enuff of the partisan bullshit.
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Thanks for your partisan bullshit idiot
 
Stone said:
No. They over borrowed in the good times, common mistake, and now are hit with much higher prices for daily living expenses due to inflation. Also,....if they do not own a home and have to instead pay rent then they are being hit with higher costs there as well.
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After screwing landlords during Covid.

Anyone who 'borrowed during good times' has low interest rates.

Inflation is coming down, and will continue to do so as supply chains catch up. Prices are high due in large part to corporate gouging, but also fraud in the shipping industry as well as the ports. Prices initially spiked for sure, but they leveled out.
 
Althea said:
After screwing landlords during Covid.

Anyone who 'borrowed during good times' has low interest rates.

Inflation is coming down, and will continue to do so as supply chains catch up. Prices are high due in large part to corporate gouging, but also fraud in the shipping industry as well as the ports. Prices initially spiked for sure, but they leveled out.
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The Government was more than willing to help them screw the land lords. Next shoe to drop? Payroll protection act. Billions and Billions taken by fraud. Almost all loans forgiven. Makes me sick.
 
Althea said:
And this is the best time to have savings in the last decade. You should be happy.
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Agreed. But again,....Im talking country as a whole. Most of these nitwits dont have 2 nickles to rub together in savings.
 
evince said:
So it’s all the peoples fault?


Fucking idiot
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A big part of the inflation now is due to Covid impulse shopping during quarantine. My GF is one. She can certainly afford whatever she bought, but when millions of people were doing it, coupled with China's manufacturing shut down, it created shortages.

Hell..the Dollar Store became the $1.25 store.

After that, all corporations simply hiked prices and blamed supply chain issues.
 
Stone said:
My own that I was taught at a young age. Always pay YOURSELF first. In otherwords.....SAVE. Now STFU you idiot.
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Then which school of economics reflects what you believe idiot


The Joe blow racist asshole school of flatulence?
 
Stone said:
Agreed. But again,....Im talking country as a whole. Most of these nitwits dont have 2 nickles to rub together in savings.
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Quite a few for sure.

But our national policy has always been to prop up the market for the wealthy. Perhaps Covid money should have gone to others?
 
Althea said:
A big part of the inflation now is due to Covid impulse shopping during quarantine. My GF is one. She can certainly afford whatever she bought, but when millions of people were doing it, coupled with China's manufacturing shut down, it created shortages.

Hell..the Dollar Store became the $1.25 store.



After that, all corporations simply hiked prices and blamed supply chain issues.
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Most people did needed things with the covid money that was passed out

My entire neighborhood of small older homes was awash with people doing roofing, electrical upgrades, tree removal and the like


Things they had been putting off due to cost


I think most people spent it wisely
 
Stone said:
The Government was more than willing to help them screw the land lords. Next shoe to drop? Payroll protection act. Billions and Billions taken by fraud. Almost all loans forgiven. Makes me sick.
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That's going to happen during every catastrophe, unfortunately.

The Fed. is not set up to disburse money. They just throw money at the problem and others dole it out. The initial trump money giveaway was set up to reward those who were in positions to scam the govt..

There are billions that are gone overseas forever, while millions trickle back in via lawsuits.
 
evince said:
Most people did needed things with the covid money that was passed out

My entire neighborhood of small older homes was awash with people doing roofing, electrical upgrades, tree removal and the like


Things they had been putting off due to cost


I think most people spent it wisely
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That was the Covid money.

I'm talking about people who were too 'wealthy' to qualify, but just sat home and bought crap.
 
Stone said:
The Government was more than willing to help them screw the land lords. Next shoe to drop? Payroll protection act. Billions and Billions taken by fraud. Almost all loans forgiven. Makes me sick.
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Im a landlord


Believe me you can’t squeeze blood out of a turnip


I care about my renters

They are human beings


We worked it out with them


They paid us for the back rent
 
LV426 said:
The only reason they are doing this is because workers had too much power in the job market.

It's no coincidence it's also happing amid record layoffs.
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who is they?

Are you saying the Central Bank politicizes monetary policy? :speaknoevil:
 
Althea said:
That was the Covid money.

I'm talking about people who were too 'wealthy' to qualify, but just sat home and bought crap.
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So no problem to anyone


They had the money


And now they have the crap


It kept the economy functioning
 
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