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littlebro07 06/02/23 1:22:12 PM #1: |
I saw an article the other day saying how unemployment is super low, consumer spending is great, inflation is dropping, etc. and then it said that based on all those factors we can expect them to raise interest rates again I thought rates going up was because everything sucked, so if everything is awesome why are they still going up I just wanna refinance my damn car T_T --- https://i.imgtc.com/MGGa6Os.gif ... Copied to Clipboard!
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Euripides 06/02/23 1:28:11 PM #3: |
All numbers are lagging indicators --- he/him/his ... Copied to Clipboard!
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Verdekal 06/02/23 1:31:02 PM #4: |
Isn't raising interest rates a way to fight inflation? Or is that just banks? --- Don't tease the octopus, kids! ... Copied to Clipboard!
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Jx1010 06/02/23 1:31:33 PM #5: |
Rent keeps going up too --- Gaming is a weird industry where you can scam the consumers with lies and fake promises, and there will still be fanboys defending it. ... Copied to Clipboard!
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ironman2009 06/02/23 1:31:39 PM #6: |
Printer was on for way too long --- THRILLHO ... Copied to Clipboard!
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Prismsblade 06/02/23 1:36:33 PM #7: |
Verdekal posted... Isn't raising interest rates a way to fight inflation? Or is that just banks?It only effects assets like housing or car prices mostly. And does nothing for things like food, or energy cost. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer ... Copied to Clipboard!
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Azn_Psycho 06/02/23 1:37:05 PM #8: |
When things are going great are when rates go up... though how do you get increased spending and decreased inflation? I know decreased spending and increased inflation is a thing... No wait, I remember now, supply-side Jesus is the increased spending, reduced inflation thing --- Blah, blah, blah, and blah. ... Copied to Clipboard!
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CyborgSage00x0 06/02/23 1:38:21 PM #9: |
It's largely to keep the housing crisis in check. --- PotD's resident Film Expert. ... Copied to Clipboard!
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UnsteadyOwl 06/02/23 1:44:59 PM #10: |
Inflation is going down but it's not where it needs to be yet. It was around 5% for April. Generally the Fed tries to keep inflation around 2%. --- "It is possible to commit no mistakes and still lose. That is not a weakness. That is life." ... Copied to Clipboard!
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