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(4,616 posts)

21. When I bought

Fri Jul 29, 2022, 03:13 PM

Jul 2022

my first house in 1992, I was ecstatic that I got a 7.75 interest rate. That was almost unheard of. Interest rates have been too low for too long.

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If the economy is strong but prices are up, is it really inflation? [View all] Buckeyeblue Jul 2022 OP

Higher interest rates aren't meant to solve those problems unblock Jul 2022 #2

Higher rates is not the answer. onecaliberal Jul 2022 #3

Corporate inthewind21 Jul 2022 #19

The profits are coming from the outrageous prices they're charging. onecaliberal Jul 2022 #23

The issue is ForgedCrank Jul 2022 #4

Is it realistic that the economy just continues to grow Buckeyeblue Jul 2022 #5

We could call ForgedCrank Jul 2022 #6

That's inthewind21 Jul 2022 #20

Yea, that's ForgedCrank Jul 2022 #22

Yes, it's inflation. Yes, it's a recession. Sympthsical Jul 2022 #10

Thank you! jimfields33 Jul 2022 #12

It's blatantly pissing me off Sympthsical Jul 2022 #14

This message was self-deleted by its author forthemiddle Jul 2022 #17

So true! jimfields33 Jul 2022 #18

How long have you been a NBER member? 48656c6c6f20 Jul 2022 #15

I'm not a denialist Sympthsical Jul 2022 #16

Correct Baggies Jul 2022 #24

It could be called Profit Taking C_U_L8R Jul 2022 #11

Interest rates are being raised to "neutral" not "slow down" mathematic Jul 2022 #13

When I bought inthewind21 Jul 2022 #21