- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 30-year fixed-rate mortgages reach 7.15%
Posted on 10/19/22 at 10:07 am to alpinetiger
Posted on 10/19/22 at 10:07 am to alpinetiger
quote:
Keep in mind USD hegemony has to be protected at all costs, so inflation has to be tamed. I don't know of many other policy prescriptions other than shrink the Fed balance sheet. The Fed rate is designed to slow money velocity and retracts USD in circulation. Anything else? I'm no econometrics nerd so I'm swimming in deep water.
Walk it forward into 2023 and you'll see how Powell raising like a bat of hell now (something you don't often see in a mid-term year) appears to be setting the stage for major unemployment in 2023/2024. That's when the real shite hits the fan, Carter type stagflation on steroids.
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News