Look I get it. You have lots of debt. It’s only going to get worse.Those older Americans were able to pay off their homes BECAUSE inflation made it affordable
What are you 12?
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Look I get it. You have lots of debt. It’s only going to get worse.Those older Americans were able to pay off their homes BECAUSE inflation made it affordable
What are you 12?
If you don’t understand what I am saying I suggest you Google, “is it a fundamental economic principle that when the cost of money is low, the price of tangible items inflates?”Cost of money?!
If you don’t understand what inflation does to debt… you really ought to sit in the corner and shut upLook I get it. You have lots of debt. It’s only going to get worse.
Now it’s a dick measuring contest?No. I’m 64 and have three homes that are paid off. You?
“First Amendment needs to be limited”You aren’t going to provide a link because there isn’t one.
Home prices rise when interest rates are low and fall when interest rates are high.Those older Americans were able to pay off their homes BECAUSE inflation made it affordable
What are you 12?
So your a boomer, inflation is to boomers what per capita is to blacks, its beyond their ability to understand.No. I’m 64 and have three homes that are paid off. You?
Says the guy who likes low interest rates because he’s in debt and has no investments.If you don’t understand what inflation does to debt… you really ought to sit in the corner and shut up
I’m an engineer. I understand quite a bit. You?So your a boomer, inflation is to boomers what per capita is to blacks, its beyond their ability to understand.
Oh my God you lying stupid boomer ****, home values increase independently of untreated rates, if that were the case home prices would be in the basement NOW!Home prices rise when interest rates are low and fall when interest rates are high.
If you buy a house when interest rates are low, you are fucked if you have to sell it when interest rates rise. Whereas if you buy a house when interested are high, you can refinance it when interest rates fall.
When interest rates are low the price of tangible items inflates.
And? You can be an expert in X and still be a dolt in Y.I’m an engineer. I understand quite a bit. You?
Your links don't say what you are claiming. Do you have a link for the picture?“First Amendment needs to be limited”
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Netanyahu caught on tape in 2001: 'America is a thing you can move very easily in the right direction'
A shorter version of this video circulated a few years ago, in which Netanyahu could be heard boasting in 2001 that Israel 'controlled the U.S.' In this apparently extended version, the Israeli PM can be heard describing Israel's true strategy...www.sott.net
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And I suspect you aren't educated. Am I right?And? You can be an expert in X and still be a dolt in Y.
Now I know you aren't educated.Oh my God you lying stupid boomer ****, home values increase independently of untreated rates, if that were the case home prices would be in the basement NOW!
You literally have no clue what you are taking about you brain dead boomer ****!
Wrong stupid. I understand that reasonable INFLATION over time allowed me to pay off my house so that I now have a decent retirement.Says the guy who likes low interest rates because he’s in debt and has no investments.
Yes. And mine is very big. I'm not going to waste time with idiots. So what is your background and why should I waste time with someone who is clearly ignorant about economics?Now it’s a dick measuring contest?
It’s going to if you don’t stop printing money?!(What do you think will happen to the price of stocks if the dollar ever lost most of its value?
You see the economy through the lens of a house flipperHome prices rise when interest rates are low and fall when interest rates are high.
If you buy a house when interest rates are low, you are fucked if you have to sell it when interest rates rise. Whereas if you buy a house when interested are high, you can refinance it when interest rates fall.
When interest rates are low the price of tangible items inflates.
Clearly you aren't intelligent if you think inflation is good.Wrong stupid. I understand that reasonable INFLATION over time allowed me to pay off my house so that I now have a decent retirement.
That’s how the system works and it’s also what makes the debt manageable.
Do you realize that we still carry all the debt from WWII and because of inflation it doesn’t matter?
Sure buddyYes. And mine is very big. I'm not going to waste time with idiots. So what is your background and why should I waste time with someone who is clearly ignorant about economics?