Biden/Harris Spending Spree, Inflation And Existing Home Sales ($25k For First-time Homebuyers And Anti-Price Gouging Policies Will Increase Prices, Not Lower Them)

#bubble, #inflation, Banking, CMBS, CRE, Credit, ECB, Economy, Existing Home Sales, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Oil, Powell, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Volatility, Wages, Yellen, Yield Curve 1 Minute

I really feel like we are living in Mexico during their revolution.

Combined Biden/Harris’ spending spree with The Fed’s monetary goonery and we got inflation (gasoline, food, shelter). With spiraling inflation in mortgage rates and shelter prices we saw a correponding decline in existing home sales under Biden/Harris.

Harris claims to lower prices on her first day in office (she has been in office as VP since 2021 and actually voted in the US Senate as tie breaker to enact policies that INCREASED Inflation). But her suggestion of $25,000 for ALL first time homebuyers is of course INFLATIONARY. And her anti-price gouging policies willl of course reduce supply of groceries avaiable, driving up INFLATION.

Kamala la ding dong?

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Published by confoundedinterest17

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