Part of the price increases are due simply to increased consumption. Americans are coming out of hibernation and want to spend and manufacturing hasn't caught up, but many price increases are here because the Fed and Biden administration are pumping too much money into the economy.
Thomas Sowell: There are no solutions, just trade-offs.
EXCUSE ME......the pandemic created a mfg.mess and THAT deficit/mess has yet to be cleared....prices
R escalating because of supply/demand and multiple economic factors....(like a ship stuck in a canal,like
a cyber attack on a oil company)....it WILL get worse before it gets better....
Are you enjoying at as much as your other rent free domiciles? As you know you can freely live there because the Polis administration will not allow eviction.
Ya, ask the person who things R on the street and his domicile is locked with a heavy device....the
landlords R NOT abiding by the mandate....they have had enough and the banks r breathing down their necks.
A fubar in the wings,watch what happens......VIX is normal,as of this moment, WAIT.......
So we are hearing about all the back rent piling up, how soon before homeowners start missing mortgage payments? Or are they refinancing to lower rates and taking out equity? Or are mortgage companies letting them get behind during the pandemic and will repossess houses later?
Thomas Sowell: There are no solutions, just trade-offs.