Banks are pricing subprime borrowers out of the housing market. The housing market will probably crash within 3 months. I predict that there will be some sort of government 'bailout' coming for housing.
Get defensive faggot, it shows your insecurity around your lack of knowledge. I have met with so many boomer faggots like you that piss and moan because you get your ass handed to you time and time again and cry about the game being rigged.
Great well most peoples biggest asset is their home which they likely have a mortgage on. If a loaf of bread is now 50 dollars I guess your fixed 30 year mortgage payment of 1500 a month isn't that big of a deal anymore. If you expect hyper inflation then you want to take on as much fixed debt at low rates as possible.
The Fed is actually worried about DEFLATION, hence the liquidity pump and money print. Inflation can be a symptom after, but then they would have to raise rates.
We may be looking at Stagflation but Americans should be buying less shit in general anyways. Most Americans are 1 payday away from financial ruin. In many cases, American's financial problems are of their own construction.
Maybe in certain cases. It is more than likely they will have deferral or payment plans like those for public sector workers after 10 years of service.
If we do in fact have hyper inflation, it would be good for people holding massive amount of debt at low rates.
allahead ago
Banks are pricing subprime borrowers out of the housing market. The housing market will probably crash within 3 months. I predict that there will be some sort of government 'bailout' coming for housing.
Israel-Did-9-11 ago
tax-payer theft for planes, hotels, casinos, cruiselines, nba teams, etc
UberMenschen ago
ITT : A lot of fucking retards who don't understand finance.
Israel-Did-9-11 ago
or shills
UberMenschen ago
Get defensive faggot, it shows your insecurity around your lack of knowledge. I have met with so many boomer faggots like you that piss and moan because you get your ass handed to you time and time again and cry about the game being rigged.
Israel-Did-9-11 ago
hi kike
MassTooter ago
I believe those are for one-day loans, for liquidity. It's not good but it's not the same as adding a Trillion to the economy every day for a week.
BlackGrapeDrank ago
'by demonstrating that the Fed’s ability to lend short-term is nearly unlimited."
LOL. fucking jew fiat system...
UberMenschen ago
Great well most peoples biggest asset is their home which they likely have a mortgage on. If a loaf of bread is now 50 dollars I guess your fixed 30 year mortgage payment of 1500 a month isn't that big of a deal anymore. If you expect hyper inflation then you want to take on as much fixed debt at low rates as possible.
The Fed is actually worried about DEFLATION, hence the liquidity pump and money print. Inflation can be a symptom after, but then they would have to raise rates.
We may be looking at Stagflation but Americans should be buying less shit in general anyways. Most Americans are 1 payday away from financial ruin. In many cases, American's financial problems are of their own construction.
Israel-Did-9-11 ago
This will be an INFLATIONARY depression
not deflationary
BlackGrapeDrank ago
agreed. IQ regression to the mean. Americans have been getting stupider en masse over the last decade. Diversity(TM)
financing depereciating assets, buying mountains of stupid shit on credit...
system of debt slaves
Israel-Did-9-11 ago
jokes on you, they'll probably forgive student debt and credit card debt
BlackGrapeDrank ago
and crash more equities?
debt is bundled into investment securities.
Israel-Did-9-11 ago
It's an EVERYTHING bubble
UberMenschen ago
Yeah, that is why silver is 13$?
I do not disagree with you on all points but I think you are missing a comprehensive understanding of financial markets.
allahead ago
Spot price is $15.15, they are selling it for $21.14. Both prices are higher than average, especially the sale price.
UberMenschen ago
Sellers charge a healthy mark up to help level out their costs of buying holding and selling through volatile pricing.
Israel-Did-9-11 ago
the silver spot price being $X does NOT mean you can get silver at $X
BlackGrapeDrank ago
indeed it's a big fake jew bubble of bullshit.....buuuut...forgiving consumer debt is not going to happen. restructuring, sure.
eliminated, nope. if that happens were already at mad max
voatsecurityguard ago
I propose the name: "Way-More Republic"
Israel-Did-9-11 ago
Student loans and credit card debt will probably be forgiven
UberMenschen ago
Maybe in certain cases. It is more than likely they will have deferral or payment plans like those for public sector workers after 10 years of service.
If we do in fact have hyper inflation, it would be good for people holding massive amount of debt at low rates.
Israel-Did-9-11 ago
Student loans are at 0% ... WHOSE PAYING OFF A 0% LOAN?