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Message
re: Powell: Fed can maintain higher rates for "as long as needed"
Posted on 4/16/24 at 5:35 pm to stout
Posted on 4/16/24 at 5:35 pm to stout
They should keep the inflation. When a bag of chips is 10 bucks maybe people will lose weight
ETA: and keep high mortgage rates so us cash buyers that don’t DoorDash and lease cars can buy rent houses for cheap
ETA: and keep high mortgage rates so us cash buyers that don’t DoorDash and lease cars can buy rent houses for cheap
This post was edited on 4/16/24 at 5:37 pm
2
Posted on 4/16/24 at 6:31 pm to el Gaucho
quote:
When a bag of chips is 10 bucks
I remember back in '73 when the price of a candy bar doubled from 5¢ to 10¢ causing me to then come up with an extra penny for tax. If you had told me then that one day a candy bar would cost $1, I would've said you were crazy.
quote:
When a bag of chips is 10 bucks
I no longer think that's crazy. It's inevitable.
Posted on 4/17/24 at 5:59 am to el Gaucho
Give me my 10% CDs!
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