Interest rates go high to slow down the economy and combat (lower) inflation. The inflation we've been seeing under Biden-Harris is the result of extreme amount of deficit spending.
High housing prices are a direct result of letting in millions of illegals over the last few years; they have to sleep somewhere. If the interest rates weren't so painfully high, housing prices would be that much higher.
Put it here ... I can't wait to read it. I have the Captcha turned OFF but blogger insists it be there. You should be able to bypass it.
** Anonymous, please use a name at the end of your comment. You're all starting to look alike.
*** Moderation has been added due to Spam and a Commenter a little too caustic. I welcome comments, but talk of killing and racist (or even close to racist) are not welcome.
All I can say is you all be safe and God bless.
ReplyDeleteLindaG, Safe is my middle name ... Not.
DeleteWalzing Matilda is so confused, even his family wants a trade-in.
ReplyDeleteedutcher, just like any democrat.
DeleteInterest rates go high to slow down the economy and combat (lower) inflation. The inflation we've been seeing under Biden-Harris is the result of extreme amount of deficit spending.
ReplyDeleteHigh housing prices are a direct result of letting in millions of illegals over the last few years; they have to sleep somewhere. If the interest rates weren't so painfully high, housing prices would be that much higher.
Anon, I agree.
Delete