Does Fed Chairman Jay Powell Want to Elect Trump?

[WarGamer]

18. agreed...

The problem is... the RATE of inflation is dropping but most people don't understand that foes NOT mean products are getting cheaper.

If a Gizmo went from $100 to $109 in one year... now it's going from $109 to $113 in a year.

I'm in California so I'm a bad example... but today I was in the grocery store.

Picked up a handful of lemons and saw the sign, 79 cents a lb... cool... looked twice, it was 79 cents EACH.

My Mom has a couple lemon trees at her house that produce like 20-30lbs a year of lemons...each.

Now we see $20 burger flipper jobs... you know who's getting BURNT?

Fixed income folks.

McDonalds full time pays $35k a year and tons of people make 10-15k a year with Social Security.

We're getting to the point of Monopoly Money. My 169k home in AZ is now $1.5M... (1996)

Fortunately my SoCal house is paid off... I refused to retire with ANY debt.

Oh and my son just bought a new truck... with great credit, 7%+ interest rate for 72 mos.

My Uncle sells real estate, people can't afford 6-7% mortgage rates.

We don't need for bad stuff to become less bad... we need a big change.