Oh the humanity!
Comments
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But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit??? -
We just need 9% mortgage rates now to get inflation to 2%.UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit??? -
. . . and Bot scurried away . . .UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit??? -
you girls should get a roomBob_C said:
We just need 9% mortgage rates now to get inflation to 2%.UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit??? -
Ftr I don't really disagree with what the fed is doing re: rates. They are doing the responsible thing that the "modern monetary theory" party forced them into doing.Bob_C said:
We just need 9% mortgage rates now to get inflation to 2%.UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit???
Largest regressive transfer of wealth in history brought to you by the party seeking "equity". -
HHusky said:
What part of slowing inflation confuses you the most?UW_Doog_Bot said:
Keep pretending you didn't already trumpet this as some accomplishment because you can't math.HHusky said:
Grab your wheelbarrows and your Deutsche marks girls! It's time to pretend we've never seen inflation before!GrundleStiltzkin said:Holy fuck. 3.7% is high, stacked atop ludicrously high. Bloody hell.
A declining rate guysm! -
Agreed, it's their only fix. But don't forget that they all pretended that inflation was transitory for like 8 months, so they started doing it too late. Which leaves some residual permanent price increase that wouldn't be there had they admitted to it all sooner.UW_Doog_Bot said:
Ftr I don't really disagree with what the fed is doing re: rates. They are doing the responsible thing that the "modern monetary theory" party forced them into doing.Bob_C said:
We just need 9% mortgage rates now to get inflation to 2%.UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit???
Largest regressive transfer of wealth in history brought to you by the party seeking "equity". -
All good points and yeah, they have their own share of guilt.Bob_C said:
Agreed, it's their only fix. But don't forget that they all pretended that inflation was transitory for like 8 months, so they started doing it too late. Which leaves some residual permanent price increase that wouldn't be there had they admitted to it all sooner.UW_Doog_Bot said:
Ftr I don't really disagree with what the fed is doing re: rates. They are doing the responsible thing that the "modern monetary theory" party forced them into doing.Bob_C said:
We just need 9% mortgage rates now to get inflation to 2%.UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit???
Largest regressive transfer of wealth in history brought to you by the party seeking "equity".
Remember that they had factions that wanted to continue pretending it was transitory though as well.
Hopefully MMT and the neo-keynesians can be put back into the woodshed for at least another decade after this.
I wonder what they will do in the coming recession. No way is this going to be a soft landing with so many price distortions in the market. -
We are going to run a $2 trillion deficit without a recession in what the dems describe as a great economy. Dem solution is another trillion of student debt relief and millions of more illegals to put on welfare.
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We have an admitted to 17.5% cumulative inflation effect since Jan 2021. Median home prices are now about $400k, vs $300k in Jan 2021. So to buy that same $300k house today, your monthly payment would need to more than double with the higher rates.HHusky said:
you girls should get a roomBob_C said:
We just need 9% mortgage rates now to get inflation to 2%.UW_Doog_Bot said:
But the inflation rate is so good right now!HHusky said:
I gave Biden credit for falling inflation?UW_Doog_Bot said:
I love that since you failed at saying this was a good thing now here's the pivot. "Inflation isn't anyone's fault!"HHusky said:
Are you stupid or something? (Rhetorical)UW_Doog_Bot said:
I thought you WANTED to take credit for this? Why the back peddle?HHusky said:
you'll never run short of economic problemsBob_C said:
Combined with prices that are still at 2.5% levels because no one is willing to sell and trade into a 7.5% mortgage, it's a huge problem.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
some of us never pretended that any economic condition is permanent or that who's in the White House has a lot to do with it
Happy infrastructure week!
politicians take credit for stuff
not a dime's worth of difference between the parties on this
C'mon H, isn't the current inflation rate a GOOD THING??? Please do go on with that line.
link?*
*also rhetorical
Why wouldn't you want him to take credit???
Talk about winning and a great economy...



