The latest CPI numbes, for the month of December, is in. It went down a tad, to 6.5%.
In this video I discuss how we are just now getting to the point of where the Feds raising of interest is really going to start to affect the economy. Time is required for the higher levels of business activity to filter throughout the economy. This is where the lag comes in.
▶️ 3Speak
CPI going down slightly just shows that things are starting to get worst and I agree about the interest rates. When I was watching all those finance videos about housing, one thing that struck me was a fixed-rate mortgage and I don't think people realize how powerful it is. One less variable can make that budget far easier to calculate.
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Great explanation friends
The feds should really step up else we will be facing a difficult situation.
Why do I enjoy listening to this rather than reading the texts😂
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