Posted on 05/13/2022 7:33:54 AM PDT by Browns Ultra Fan
A picture is worth a thousand words.
Nothing has been the same since Covid and The Federal Reserve’s massive overreaction to the government shutdowns of the economy.
Notice how the University of Michigan Consumer Sentiment Index (white line) has plunged since Covid and the ensuing rise in inflation. University of Michigan’s Buying Conditions for Houses has also plunged to new depths.
Yes, Bidenflation is just killing us.
Rising inflation (highest in 40 years) and hottest home price bubble (even hotter than the infamous housing bubble of 2005-2007) AND rising mortgage rates have placed a damper on home buying sentiment.
The theme song for the Biden economy is The Blasters’ Dark Night.
Meanwhile, the middle class is left with leftovers.
(Excerpt) Read more at confoundedinterest.net ...
This is exactly what Barak wants to destroy America.
Barak is too stupid to do anything.
The people behind him pulling the strings are the dangerous ones.
The Fed Balance Sheet tells the story here, well almost. Behind that line is uncontrolled spending, borrowing and printing money.
Well, that is by design, to curb inflation.
How would you go about fixing the inflation we currently have?
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