Home Ownership

[Jibartik]

raising the interest rates really hits more than just the home market, the stock market, everything the little guy is able to invest in, basically suffers, and then the cash owners just buy it all from the desperate poor, and then it goes back up.

I swear to god this is like the greatest heist going on right now.

[Reiwa]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

raising the interest rates really hits more than just the home market, the stock market, everything the little guy is able to invest in, basically suffers, and then the cash owners just buy it all from the desperate poor, and then it goes back up.

I swear to god this is like the greatest heist going on right now.

How?

[Jibartik]

I just said!

They raise the interest rates, this lowers investments and stock market goes down (as it is doing) and housing prices go down as mortgage rates go up. yada yada.

The poor, unable to buy homes, unable to invest in a collapsing market, sell their stocks, stop investing, and the cost of thigns go down.

And all while that missery is happening, the wealthy swoop in and buy all that shit at super low low prices from desperate sellers, and, then over time the economy gets stronger and the wealth has been transferred from the 99%, to the 1%

the raelly fucked up thing is during all of this, none of it is driven by the market, all of it, is driven by dials controlled inside the FED.

They turned us into the matrix machine, where they can squeeze more energy out of us but it burns us out more... its crazy.

[Reiwa]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

I just said!

They raise the interest rates, this lowers investments and stock market goes down (as it is doing) and housing prices go down as mortgage rates go up. yada yada.

The poor, unable to buy homes, unable to invest in a collapsing market, sell their stocks, stop investing, and the cost of thigns go down.

And all while that missery is happening, the wealthy swoop in and buy all that shit at super low low prices from desperate sellers, and, then over time the economy gets stronger and the wealth has been transferred from the 99%, to the 1%

the raelly fucked up thing is during all of this, none of it is driven by the market, all of it, is driven by dials controlled inside the FED.

They turned us into the matrix machine, where they can squeeze more energy out of us but it burns us out more... its crazy.

What's that got to do with government interest?

[Jibartik]

idk what goverment interset is, im talking about interest rates set by the fed whats wrong?

[Reiwa]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

idk what goverment interset is, im talking about interest rates set by the fed whats wrong?

Isnt it only for government bonds and stuff? [You must be logged in to view images. Log in or Register.]

[Gatordash]

Originally Posted by Reiwa [You must be logged in to view images. Log in or Register.]

Isnt it only for government bonds and stuff? [You must be logged in to view images. Log in or Register.]

Credit card rates, car loans, mortgage rates, that sort of stuff is what is actually getting affected by the rate hikes. But the Federal Reserve pretty much controls market sentiment even though they don't have a direct effect on it. Anytime they do QE, market goes through the roof. They start doing QT, recession incoming.

[Reiwa]

Originally Posted by Gatordash [You must be logged in to view images. Log in or Register.]

But the Federal Reserve pretty much controls market sentiment even though they don't have a direct effect on it.

[You must be logged in to view images. Log in or Register.]

[Jibartik]

No just turn on CNBC for like just a day. They’ll explain it.

[Reiwa]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

No just turn on CNBC for like just a day. They’ll explain it.

What is the gubmint doing telling lenders what to do? [You must be logged in to view images. Log in or Register.]