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WarGamer

(15,917 posts)

8. High interest rates are the ultimate inflation.

Reply to Norbert (Reply #7)

Fri Jan 10, 2025, 01:12 PM

Friday

Egg Farm buys tractors and trucks, pays more in interest... cost of eggs go up...

Interest paid is a cost of doing business it raises prices.

There are literally people who can afford 350k worth of mortgage today that could afford 500k 2 years ago.

Car payments that were $400 back then are $550 now.

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Highlight:

Stock market is down again... [View all] NEOH Friday OP

A lot of hedge going on Johonny Friday #1

We saw many companies raising prices without real cause before election Attilatheblond Friday #2

What did Trump say yesterday, he may declare doc03 Friday #3

My 401K dropped 2% since its peak in November Norbert Friday #5

Today's dump is all about employment numbers coming in hot... WarGamer Friday #4

trump is going to lean hard on Powell to reduce the Fed rate Norbert Friday #7

High interest rates are the ultimate inflation. WarGamer Friday #8

Employment figures. The Fed has little reason to drop interest rates. haele Friday #6

I think Trump is trying to drive the market down doc03 Friday #9

Closing Numbers NEOH Friday #10

Time to stop talking about the stock market, I don't want to know how billionaires and oligarchs are doing ck4829 Friday #11