re: Sneak peek at updated Cane's prices coming soon

quote:

---

Biden has spent like a drunken sailor as well, but at least it's been tempered by not fighting the interest rate needing to be raised.

---

But rising interest rates are going to come at cost eventually the cost of borrowing is going to exceed tax receipts. So what do you then.

At least lower interest rates provided cushion for borrowing and borrowers. Now with mortgage rates nearing 7 or 8% what good does it to mortgage your 350k house.


The only way out of our pending debt crisis is to inflate the currency slowly and allow wages and taxes to increase with the rising costs of items. Yes eventually a Big Mac may cost 50 dollars and a Box Combo a C Note, but wages will need to increase to at least 200-350 an hour.