Forum Discussion
StonedPanther
Aug 12, 2023Explorer III
wa8yxm wrote:
Due to the Fed's attempts (Successful it appears) to tone down runaway inflation the interest rates on loans is rather high just now.
Appears is the key word, the issue is the inflated prices for everything are now baked in and are not going to go back the other direction.
All one has to do is look at their grocery and utility / energy bills, or look at new vehicle prices, RV prices, or just about anything else.
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