That's nice of them to give us cheap food again. They'll deflate the currency, but everyone bought brand new cars (with 7 year loans) and houses (with 30 year loans) at top dollar for the last 3 years, so now wages will continue to stagnate or decrease, while corporations are still able to outbid everyone on everything and then rent it back to us. You can't do a refinance on your house now because the rates are too high and you can barely afford the payment when you got the 3% mortgage, so you have no liquidity in your 500k house that was 180k 10 years ago. They win because now they have at least another 10 years of wage slavery if you want to participate in society. Anybody else ready to get off this ride yet?
That's nice of them to give us cheap food again. They'll deflate the currency, but everyone bought brand new cars (with 7 year loans) and houses (with 30 year loans) at top dollar for the last 3 years, so now wages will continue to stagnate or decrease, while corporations are still able to outbid everyone on everything and then rent it back to us. You can't do a refinance on your house now because the rates are too high and you can barely afford the payment when you got the 3% mortgage, so you have no liquidity in your 500k house that was 180k 10 years ago. They win because now they have at least another 10 years of wage slavery if you want to participate in society. Anybody else ready to get off this ride yet?
jokes on them drive old vehicles and building my own small house debt free. will take the cheap food