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It is "ok"
Posted on: October 6, 2023 at 08:50:31 CT
meatiger MU
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Just like nearly every other time, there are good parts and bad parts.
being near full employment is always a good thing. The part I hate is the the Fed thinks we are too employed and need higher rates, just dumb.
Inflation is always tough to measure because people can change their habits to avoid some of the effects of inflation.
Housing will likely come down at some point because of interest rates, but will still be well above values for people that have owned for 5+ years.
Government debt is going to force more taxation at some point which is a horrible thing as it takes money out of the economy.
IMO, the economy problems in China will hit here at some point as well.
being near full employment is always a good thing. The part I hate is the the Fed thinks we are too employed and need higher rates, just dumb.
Inflation is always tough to measure because people can change their habits to avoid some of the effects of inflation.
Housing will likely come down at some point because of interest rates, but will still be well above values for people that have owned for 5+ years.
Government debt is going to force more taxation at some point which is a horrible thing as it takes money out of the economy.
IMO, the economy problems in China will hit here at some point as well.
Please explain why this message is being reported.
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It is "ok" - meatiger MU - 10/6 08:50:31