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Wow another interest rate hike today

select-fireselect-fire Member Posts: 69,479 ✭✭✭✭

.50 % that just has to make purchasing homes harder .

Comments

  • chiefrchiefr Member Posts: 13,051 ✭✭✭✭

    Agree, but me think people are more preoccupied by trying to make ends meet during these times of Biden caused inflation (Bidenflation).

    Biden has endorsed interest hikes as well as tax hikes, hope the people who voted for him are those most inconvenienced by his poor decisions because he is doing exactly what he said during his campaign.

  • serfserf Member Posts: 9,225 ✭✭✭✭


    Yeah but your friendly bank gives you nothing on regular savings account or checking account. Just another way of saying your money does not count unless you spend it on velocity for the money changers. A rigged casino game for borrowers or savers

    . Now if you want to lock up your savings in EE bonds for 5 years you can get 9.5% for six months however inflation is running at 15% right now! It Justs go to show you it's a crooked game and they get all the profits coming and going.

    serf

  • mac10mac10 Member Posts: 2,220 ✭✭✭✭

    i have no interest in this🤣

  • mike55mike55 Member Posts: 2,426 ✭✭✭✭

    Too little too late. Too much "free" money was printed, this is the outcome. Gonna get worse before it gets better.....IF it gets better 🥺☹️

  • BrookwoodBrookwood Member, Moderator Posts: 11,745 ******

    I also read just a headline about Biden. Said he is going to put some money on our National Debt. I had a strange thought after reading, that he could just print out another umpteen trillion dollars and totally pay that bad boy off.


    I just have to start reviewing my med intake! To make sure that I'm not asleep and dreaming all this chit up!

  • mike55mike55 Member Posts: 2,426 ✭✭✭✭

    "I just have to start reviewing my med intake! To make sure that I'm not asleep and dreaming all this chit up!"

    REM sleep is probably the BEST way to decifer this twilight zone administration!

  • select-fireselect-fire Member Posts: 69,479 ✭✭✭✭

    More rate hikes coming... couple 1/2 points and maybe a 3/4 point.

  • mike55mike55 Member Posts: 2,426 ✭✭✭✭

    More hikes to "fix" what they broke to begin with!!

    Just sayin......"elections have CONSEQUENCES"! GO VOTE EVERYBODY, and if you chose not to vote......then do NOT complain!

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