In the game of ‘Monopoly’, there are rules, expectations and a general strategy. Things tend to work.
Since 2008, I would say we have a 1929 chaotic situation brewing where the numbers and general way that commerce/economics won’t function as designed.
You go over to new car lots, and notice that they are overstocked (perhaps up to 200-percent of normal inventory). You can’t sell $75,000 cars because no one has the economic situation to afford $1,000 a month over 72 month period.
You look at the used car lots, and tons of repossessions are sitting there....over-priced, and still in a range where you can’t afford $1,000 a month over 60 months.
You have mortgages where a working-couple are trying to afford a $500k house (when they can’t afford it).
You walk into a grocery for what was a $120 cart back in 2018, but now costs near $200 today.
You have your dimwit son or daughter telling you some BS about how they are ‘fluid-something’, and it sounds like they got knocked in the head.
You have your church-group trying to convince you of some political position, when the talk seems to edging toward some demon-possession chatter.
The list goes on and on...things aren’t stable or heading in any positive manner.
One horrible effect of this massive deficit fiscal policy is that the Fed has to keep interest rates high. It’s the only tool they have to stem the price rises caused by currency inflation. But this action discourages private sector investment, i.e. development of new tools for increasing productivity. And increased productivity is in the long run the only thing that can balance out inflation.
That is the kind of “in your face” observation I wish more could see. We might be able to fix it if they were not so blind.
Thank you...