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2023-07-27 Economy

Federal Reserve hikes key interest rate to highest level in 22 years

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Posted by Fred 2023-07-27 00:00|| E-Mail|| Front Page|| [20 views ] Top

#1 OBAMA ADMIN 2.
Interest rates go up.
Living Prices go up.
But incomes levels stay the same and buying power drops.

House prices climb 21+% and local/state gov. reassess your property value and charges more for required sevices. So you lose another $1000 or so paying higher taxes, while already having 15 to 21+% less to spend.

One way or another we all are paying for The DC SWAMP spending us in to $32+T debt. All while they feast at our expense.

Posted by NN2N1 2023-07-27 03:31|| 2023-07-27 03:31|| Front Page Top

#2 The hidden tax to pay for Biden's spending.

Posted by CrazyFool in Texas 2023-07-27 11:58|| 2023-07-27 11:58|| Front Page Top

#3 So why is the stock market up?

Posted by Bobby 2023-07-27 15:39|| 2023-07-27 15:39|| Front Page Top

#4 The actual "on the ground" annual inflation rate has to be double digits. I can't for the life of me figure out why this isn't common knowledge. EVERYTHING is way, way, more expensive than it was 24 months ago.

Posted by Crusader 2023-07-27 18:39|| 2023-07-27 18:39|| Front Page Top

#5 Inflation is calculated by the gummint as the price of "a basket of things that excludes most every normal daily essential."

Posted by M. Murcek 2023-07-27 18:54|| 2023-07-27 18:54|| Front Page Top

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