SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 2 months agoPowell says Fed has made 'quite a bit of progress' on inflation but needs more confidence before cuttingwww.cnbc.comexternal-linkmessage-square8fedilinkarrow-up122arrow-down13
arrow-up119arrow-down1external-linkPowell says Fed has made 'quite a bit of progress' on inflation but needs more confidence before cuttingwww.cnbc.comSeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 2 months agomessage-square8fedilink
minus-squareSeattleRain@lemmy.worldOPMlinkfedilinkEnglisharrow-up7arrow-down3·2 months agoYeah, historians are going to look back at this time period and realize it was a depression.
minus-squaregibmiser@lemmy.worldlinkfedilinkEnglisharrow-up21·2 months agoWe don’t need lower interest rates, we need businesses to pay their employees. We need price controls on medical care and housing. We need legislation. Laws, not free money for banks.
minus-squareZachariah@lemmy.worldlinkfedilinkEnglisharrow-up7·2 months agoYeah, any reduction in greedflation was because consumers simply cannot pay those prices. Nothing to do with the interest rates.
minus-squareZachariah@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoIf we even have historians in the future.
Yeah, historians are going to look back at this time period and realize it was a depression.
We don’t need lower interest rates, we need businesses to pay their employees. We need price controls on medical care and housing. We need legislation. Laws, not free money for banks.
Yeah, any reduction in greedflation was because consumers simply cannot pay those prices. Nothing to do with the interest rates.
If we even have historians in the future.