Goodnight Irene, the party's over.
Decline in RV shipments over the last 4 months. July -33.4% August -36.0% September -48.5% October -43.7% That's a 40.4% overall decline over 4 months. FAIRFAX, Va. –...
Forum Discussion
restlessways wrote:SJ-Chris wrote:
For the last ~12 years, interest rates have been at/near historic lows. Interest rates are high now relative to the last 12 years. But interest rates are nowhere near historic highs. Let's hope they don't go up too much further.
-Chris
Why would we hope that? Inflation is tearing the entire economy a new rectum. To stop raising rates would be to say "gee, let's just destroy the currency and the country by way of hyperinflation." Not a good thing to hope for.
What I would HOPE he meant is "let's hope inflation is reduced to where interest rates don't have to go up too much further."
