Key inflation rate rises .04% as expected. Year inflation rate only 2.8% as expected. Wages rise higher than expected.

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ROG62
2 Mar 2024 6:03 am
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18,969 posts
BooRadley » 02 Mar 2024, 6:42 am » wrote: Suave mentioned that 7% interest rates have nothing to do with low home sales 

My girlfriend and I want to buy another home
Just can't afford it
​​​​​

WTF?
Interest rates are killers...especially on long term loans...every point north eliminates a lot of purchasing power...

let's not forget credit cards, up 5% since joe took office...

https://wallethub.com/edu/cc/credit-car ... rest-rates

and to think the feds put people in prison for charging 12 pts.... :lol:  
Image “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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31st Arrival
2 Mar 2024 7:10 am
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24,489 posts
5% tax on every dollar spent gives a dollar what value each time used? 95% first time, 90% second time, 85% third time, 80% 4th time. You detect the pattern of behavior yet. That missing 5% goes to those elected as chosen people that inherited your brain to mind what they believe true facts tomorrow.

Called planned obsolescence. Now dd plausible deniability which is............. reasonable doubt life is limited to adapting here uniquely separated since conceived.

Anybody what to add all other taxes on top of this 5% sales tax collected every transaction regardless cloth money and coins are used or not.

My gibberish too nonsensical. or too accurate?
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golfboy
2 Mar 2024 5:06 pm
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So inflation is double the Fed target rate, and wages still haven't caught up with Biden's 30% tax on Americans.
Oh yea, and consumer confidence fell, unemployment still hasn't dropped to Trump's record, and labor participation is going the wrong way.

Hey, but last quarter GDP increased $350 Billion.
And to think this only cost the taxpayers $850 Billion.  Go Joe!
 
Harper Lee
2 Mar 2024 5:22 pm
      
8,764 posts
golfboy » 02 Mar 2024, 6:06 pm » wrote: So inflation is double the Fed target rate, and wages still haven't caught up with Biden's 30% tax on Americans.
Oh yea, and consumer confidence fell, unemployment still hasn't dropped to Trump's record, and labor participation is going the wrong way.

Hey, but last quarter GDP increased $350 Billion.
And to think this only cost the taxpayers $850 Billion.  Go Joe!
Ever notice?

Interest rates 7%
Housing sales 28 year low.

They never mention it...
 
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