HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » The U.S. economy added on... » Reply #19

Response to watoos (Reply #7)

Fri Jun 7, 2019, 01:28 PM

19. It still wont be enough to stop it. We arent that high right NOW

Wages are rising, not fast but they are rising. Which means at some point prices will also rise. Tariffs will raise prices. Home prices are too high, and 1/4-1/2 point cut wont make them THAT much more affordable when we're talking about 200-400k loans. Car prices are ridiculous, mostly because of our own egos. A rate cut wont mean much there, as most mfgs already have low to NO interest loans available.

We'll see, but i dont think the Fed can stop it

Funny thing is, he has always said the "obama economy" was because of "free money", and thats exactly what HE now wants!!

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 24 replies Author Time Post
BumRushDaShow Jun 2019 OP
Achilleaze Jun 2019 #1
OnlinePoker Jun 2019 #4
BumRushDaShow Jun 2019 #5
watoos Jun 2019 #2
oldsoftie Jun 2019 #3
watoos Jun 2019 #7
LineLineLineNew Reply It still wont be enough to stop it. We arent that high right NOW
oldsoftie Jun 2019 #19
watoos Jun 2019 #6
bronxiteforever Jun 2019 #8
mahatmakanejeeves Jun 2019 #9
BumRushDaShow Jun 2019 #12
smb Jun 2019 #10
mahatmakanejeeves Jun 2019 #11
progree Jun 2019 #15
IronLionZion Jun 2019 #13
oldsoftie Jun 2019 #20
progree Jun 2019 #14
BumRushDaShow Jun 2019 #16
progree Jun 2019 #18
TexasBushwhacker Jun 2019 #17
Bengus81 Jun 2019 #21
progree Jun 2019 #22
mahatmakanejeeves Jun 2019 #23
BumRushDaShow Jun 2019 #24
Please login to view edit histories.