SCOTUS Rules Against Trump Administration IEEPA Tariffs

[Reagan]

 

 

[TheMissingBand]

9 hours ago, OlDawg said:

12 hours ago, OlDawg said:

 

The Feds maintaining a higher interest rate than needed are also affecting the slower pace of disinflation. The Fed is slowing down the drop on purpose. They want to ease into 2%. Not crash.

 

When the Feds kept raising rates, and the extra money people received ran out, they had to pull back some. That helped cool inflation as well.

Where’ve you been, sir? Excellent analysis. I think the higher interest rates are keeping inflation lower, the two point reduction in the fed rate that trump is demanding with add multiple points to the inflation rate, in my estimation.  
 

It’s all relevant. Two point drop in mortgages and the housing market will take off like we haven’t seen in years. Demand will far exceed supply and prices will soar, etc… he wants the lower interest rates so that our debt payments will decrease and continuing to borrow at the federal level won’t sting so badly. But it’ll be a really rough time for those of us already struggling with high prices.  
 

I’m not a tinfoil hat kind of person, but I’m starting to wonder if these poor fiscal policies aren’t merely mismanagement, but instead pushing us towards an alternative to the dollar that his family keeps pushing. 

[OlDawg]

Good summary article on the current state of personal finances. The actual numbers may surprise many.

(Hint: Personal debt to income is at its lowest level since the 90’s.)

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Well done to those who are finally becoming more financially responsible. This is the real key to personal freedom.