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Jan 23rd, 2013
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Re: Feds Raise Rates .75% [Re: Douglas J] #14484909 09/22/22 02:19 PM
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Originally Posted by Douglas J
this economy is kind of a gut check to those that lived extended to the limit and check to check


No matter how you live, why would anyone want to pay more for everything? When you buy a used boat from an individual and he tells you he wants $25,000 do you say, "Make it $30,000. I like paying more"?

Re: Feds Raise Rates .75% [Re: Razorback] #14485159 09/22/22 06:35 PM
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Originally Posted by Razorback
Originally Posted by Douglas J
this economy is kind of a gut check to those that lived extended to the limit and check to check


No matter how you live, why would anyone want to pay more for everything? When you buy a used boat from an individual and he tells you he wants $25,000 do you say, "Make it $30,000. I like paying more"?


Few rational people would want to pay more for everything. But the person who has a budget and lives within his means is able to tighten the belt a couple notches and get by with higher prices much easier than the paycheck-to-paycheck person.


"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein
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Re: Feds Raise Rates .75% [Re: Razorback] #14485189 09/22/22 07:04 PM
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Douglas J Online Content
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Originally Posted by Razorback
Originally Posted by Douglas J
this economy is kind of a gut check to those that lived extended to the limit and check to check


No matter how you live, why would anyone want to pay more for everything? When you buy a used boat from an individual and he tells you he wants $25,000 do you say, "Make it $30,000. I like paying more"?




Did I say anyone was grateful that everything costs more now? Where did you get that from?

I stated my opinion from people I know who live a little tight to the upper end if their limits and how the clown in the WH and his peeps economy has made people's lives tough.

Re: Feds Raise Rates .75% [Re: Spiderman] #14485190 09/22/22 07:06 PM
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Think I read one time that 90 percent of Americans are two paychecks away from being in the Red. I feel bad for those folks but I also find it funny for those that voted for this clown.

Re: Feds Raise Rates .75% [Re: Barrett] #14485193 09/22/22 07:12 PM
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Originally Posted by Barrett
Think I read one time that 90 percent of Americans are two paychecks away from being in the Red. I feel bad for those folks but I also find it funny for those that voted for this clown.


Not all poor people voted for the clown

Re: Feds Raise Rates .75% [Re: Sawhorse] #14485203 09/22/22 07:29 PM
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Originally Posted by Sawhorse
Originally Posted by Spiderman



https://www.cnn.com/business/live-news/stocks-markets-today-fed-rate-hike/index.html


The higher prices mean that consumers are spending around $460 more per month on groceries than they were this time last year, according to Moody's Analytics.

Donothin and his ilk are giddy!


Nope, the Trump driven inflation is not something that I like. Low interest rates cause inflation. I am glad to see that being addressed as it should be. Those with cash are subsidizing the almost zero interest rates we have had. Needs to be 8-6 percent.

Re: Feds Raise Rates .75% [Re: Spiderman] #14485205 09/22/22 07:33 PM
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The fed operates independently from who is in office

Re: Feds Raise Rates .75% [Re: donothin] #14485207 09/22/22 07:34 PM
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Originally Posted by donothin
Originally Posted by Sawhorse
Originally Posted by Spiderman



https://www.cnn.com/business/live-news/stocks-markets-today-fed-rate-hike/index.html


The higher prices mean that consumers are spending around $460 more per month on groceries than they were this time last year, according to Moody's Analytics.

Donothin and his ilk are giddy!


Nope, the Trump driven inflation is not something that I like. Low interest rates cause inflation. I am glad to see that being addressed as it should be. Those with cash are subsidizing the almost zero interest rates we have had. Needs to be 8-6 percent.





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Re: Feds Raise Rates .75% [Re: donothin] #14485227 09/22/22 07:56 PM
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Originally Posted by donothin
Originally Posted by Sawhorse
Originally Posted by Spiderman



https://www.cnn.com/business/live-news/stocks-markets-today-fed-rate-hike/index.html


The higher prices mean that consumers are spending around $460 more per month on groceries than they were this time last year, according to Moody's Analytics.

Donothin and his ilk are giddy!


Nope, the Trump driven inflation is not something that I like. Low interest rates cause inflation. I am glad to see that being addressed as it should be. Those with cash are subsidizing the almost zero interest rates we have had. Needs to be 8-6 percent.




If they raise interest rates to 20%+, it will make it easier on people who do not need to borrow to purchase to get better deals.

Re: Feds Raise Rates .75% [Re: donothin] #14485232 09/22/22 07:58 PM
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Originally Posted by donothin
Originally Posted by Sawhorse
Originally Posted by Spiderman



https://www.cnn.com/business/live-news/stocks-markets-today-fed-rate-hike/index.html


The higher prices mean that consumers are spending around $460 more per month on groceries than they were this time last year, according to Moody's Analytics.

Donothin and his ilk are giddy!


Nope, the Trump driven inflation is not something that I like. Low interest rates cause inflation. I am glad to see that being addressed as it should be. Those with cash are subsidizing the almost zero interest rates we have had. Needs to be 8-6 percent.

See^…..giddy.

Re: Feds Raise Rates .75% [Re: Spiderman] #14485233 09/22/22 07:59 PM
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They fact that I will be looking for a house at the turn of the year is a little frustrating.
I can in no way afford to buy anything desirable before then. All I can do is watch my interest rate go up before I even get the chance to sign on the dotted line.

With that being said, anyone putting something on the market between Tomball and Huntsville in the next 3-5 months? roflmao

Re: Feds Raise Rates .75% [Re: Gilly1991] #14485241 09/22/22 08:09 PM
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Originally Posted by Gilly1991
They fact that I will be looking for a house at the turn of the year is a little frustrating.
I can in no way afford to buy anything desirable before then. All I can do is watch my interest rate go up before I even get the chance to sign on the dotted line.

With that being said, anyone putting something on the market between Tomball and Huntsville in the next 3-5 months? roflmao



I have a fresh slab poured right now, been waiting since April was around 4% at the time. I feel ya man

Re: Feds Raise Rates .75% [Re: YEE_YEE] #14485265 09/22/22 08:37 PM
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Originally Posted by YEE_YEE
Originally Posted by Barrett
Think I read one time that 90 percent of Americans are two paychecks away from being in the Red. I feel bad for those folks but I also find it funny for those that voted for this clown.


Not all poor people voted for the clown

Most did, it’s just a cycle they can’t get out of. It’s no different than the women that keeps returning to the abuser, or the thug that riots in his own community.

Re: Feds Raise Rates .75% [Re: Spiderman] #14485276 09/22/22 08:54 PM
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The three things that are or will crush companies are inflation, interest rates and the cost of power.


There’s some good in this world and it’s worth fighting for
Re: Feds Raise Rates .75% [Re: Trickster] #14485288 09/22/22 09:14 PM
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Originally Posted by Trickster
Originally Posted by Chris B
FJB


And the horse he rode in on.


Donkey he road in on, don’t insult horses yes cheers

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