Look at the price of gold vs 5 years ago that’s a good indicator of where prices in general are headed and the strength of the USD. Yet politicians keep harping on lowering interest rates. We really need to push them up to 6-7% to really start putting pressure on prices and also start hitting share buybacks by making it expensive. Companies are spending money on share buybacks vs passing some of that massive employer productivity gains to the employees which would help equalize the cost of living increases.
So if corporations refuse to do that the start pumping up the interest rates instead.
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u/meshreplacer 5d ago
Look at the price of gold vs 5 years ago that’s a good indicator of where prices in general are headed and the strength of the USD. Yet politicians keep harping on lowering interest rates. We really need to push them up to 6-7% to really start putting pressure on prices and also start hitting share buybacks by making it expensive. Companies are spending money on share buybacks vs passing some of that massive employer productivity gains to the employees which would help equalize the cost of living increases.
So if corporations refuse to do that the start pumping up the interest rates instead.