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Poolte, Powell, interest rates
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HiPlainspilgrim
Posted 7/22/2025 14:55 (#11305993 - in reply to #11305828)
Subject: RE: Poolte, Powell, interest rates


Your right ....economy seems to be bubbling along ....Hopefully calmer heads will prevail. An economic train wreck will occur if you continue to see tariffs drive up the cost of living & drop interest rates at the same time. Boy that'll work .....people borrowing money just to keep necessities & food on the table. In turn, wage inflation. I know folks will disagree with this statement, but we keep chasing the good labor out of this country & it's going to kick all of us squarely in the teeth!! I don't know too many of you gringos who are willing to stand on a kill floor in a meat plant or lining up to clean motel rooms for a living. Hell, you can't get very many farm kids who want to return home to farm. In my mind the deal breaker will be when people start borrowing money to buy crypto. The next BUBBLE!
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