- 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: So did the fed really fix inflation or did the supply chain problem etc just fade out
Posted on 2/5/24 at 9:05 am to TutHillTiger
Posted on 2/5/24 at 9:05 am to TutHillTiger
How is it fixed? Even though I make more money, my purchasing power is still down. If I was dumb enough to only pay minimum payments on my house, I would end up paying 800k of interest on a 400k house. Only an absolute idiot would look at where we are at post Covid and think it's solved or okay.
1
Posted on 2/5/24 at 9:16 am to Jcorye1
quote:
How is it fixed?
It’s pretty straightforward- prices were going up nearly 9% annually 18 months ago, and now they’re only going up around 3.3%.
With wages growing at 5.2%, purchasing power has improved over the last year and a half.
Things were shitty and they got less shitty.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News