- Feb 23, 2013
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I know the Feds mandate.
Housing falls within "stable prices" and the Feds mandate. I recommend an all of the above approach, using legislative and monetary policies to fix housing.
So you want to lower interest rates to prolong inflation and speculation? Do you see where your argument losses?
So you want low housing supply to prolong inflation in housing prices and rent costs, while there continues to be too little inventory to satisfy the demand for housing.
Housing is a necessity, like food and water. Do you see where your argument that increasing the cost via higher interest rates and reducing supply by making it more expensive to build and renovate houses losses?
You don't reduce inflation by making a necessity more expensive and scarce. That's like trying to solve world hunger by making it more expensive to grow crops and get farm animals, and thinking people will just eat less food.
Cooked. Absolutely cooked and people here are still in complete denial. It’s over.
Cooked. Absolutely cooked and people here are still in complete denial. It’s over.