4 ms·
Could they go any slower? The consensus seems to be that this is far too little way too late.
by bequanna 5y ago
Could they go any slower? The consensus seems to be that this is far too little way too late.
- chipgap98 5y agoConsensus from who?
- bequanna 5y agoEvery person in the US who has had their purchasing power destroyed over the past ~18 months. Unfortunately, most people were/are too drunk on (maybe temporary) housing and stock market gains to care. Cheap money, free money and rampant speculation could all have easily been cut off a year ago and we would have had a much “softer landing”. Now we’re in a much more precarious position and may end up fighting stagflation possibly causing years long general economic malaise. …but hey, Zillow said my house is worth $XXX!!!
- colinmhayes 5y ago> Every person in the US who has had their purchasing power destroyed over the past ~18 months. The vast majority of people in the US have no idea what the fed is. Why would you trust their judgement?
- Loughla 5y agoI legitimately want my home value to tank. I'm sick of paying taxes on a 275k home value that will never, ever, ever sell for that much. I wish it could go back to 80-100k, regardless of whatever "equity" that costs me. I'm in my permanent home, not an investment property.