Thursday, December 16, 2021

Its the economy stupid

Last summer, when many people were stuck in their homes, the government sent out over a trillion dollars in free money to these shut ins and they went online and spent like drunken sailors. Amazon was busy 24-7 and suddenly demand exceeded supply and inflation arose from the dead. As if to add insult to injury the government took steps to limit the supply of oil and gas and this caused the cost of home heating and gasoline to rise. Now the fed announced that it will start raising interest rates to calm inflation and this will mean higher interest rates on car and home loans.

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