Electoral extermination?
I don't understand why Trump is mad at the Fed for raising interest rates. I get that low rates supposedly stimulate growth but they also lead to bubbles. They need to go back up to historic norms.
That is my point. Low interest rates drive inflation. Everyone is focused on monthly payment instead of actual cost. So low interest rates drive cost up.That is not good. Higher rates keep actual prices down.
I laugh at salespeople sometimes. Their selling point is low monthly payments. And I say, but it costs X and I can't afford that. They don't understand.
Yep. Monthly doesn't matter if you wanna pay cash and own it.