What’s the point of interest rate hikes to decrease demand when we are taking on record levels of immigrants to only stimulate demand across the board while doing nothing on the supply side? - This goes across wages, housing, academic inflation where everyone has the same 4 degrees.
I understand increasing rates to slow things down, but this just won’t happen when you hypercharge immigration when all these people will stimulate things even more.
Can someone help me understand what the goal is? A worse income to expense ratio then we already have? Asphyxiating the middle class so more can go to the upper class whilst creating a larger lower class…?Ausfinance
What’s the point of interest rate hikes to decrease demand when we are taking on record levels of immigrants to only stimulate demand across the board while doing nothing on the supply side? - This goes across wages, housing, academic inflation where everyone has the same 4 degrees.
I understand increasing rates to slow things down, but this just won’t happen when you hypercharge immigration when all these people will stimulate things even more.
Can someone help me understand what the goal is? A worse income to expense ratio then we already have? Asphyxiating the middle class so more can go to the upper class whilst creating a larger lower class…?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...