No, not when adjusting for inflation. Last week 7.35 per gl gas in California. Minimum wage, 7.25. For example.
Already happening. Ten of the largest home builders state sales are cooling off. Rising rates are disqualifying factor, pricing people out of the overall market.
Rental rate nationally are up. Blackrock, Vanguard, Blackstone, Statestreet buying up tracs of homes, either taking them off the market, or hiking rents 40%>.
Foreclosures up 181% YoY.worse in larger cities.
Deck is stacked. House always win.
Part of that, "You will own nothing and be happy scenario.
They love it. More loans they write, more money they print. Mandrake mechanism of the fractional reserve system.
No data on that. Not sure stimmy checks are part of CPI index.
Credit card debt is skyrocketing right now. Savings gone, folks have gone to plastic.
Yes, expect to see more stimmy for inflation and gas, (more inflation).
Fighting inflation with more inflation will create deflation, followed by recession.
No, not when adjusting for inflation. Last week 7.35 per gl gas in California. Minimum wage, 7.25. For example.
Already happening. Ten of the largest home builders state sales are cooling off. Rising rates are disqualifying factor, pricing people out of the overall market.
Rental rate nationally are up. Blackrock, Vanguard, Blackstone, Statestreet buying up tracs of homes, either taking them off the market, or hiking rents 40%>.
Foreclosures up 181% YoY.worse in larger cities.
Part of that, "You will own nothing and be happy scenario.
They love it. More loans they write, more money they print. Mandrake mechanism of the fractional reserve system.
No data on that. Not sure stimmy checks are part of CPI index.
Credit card debt is skyrocketing right now. Savings gone, folks have gone to plastic.
Yes, expect to see more stimmy for inflation and gas, (more inflation).
Fighting inflation with more inflation will create deflation, followed by recession.
Dare say I we are already there?
Good. Read it again, and again.