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Message
re: Too Late Screwed Us Again!
Posted on 7/30/25 at 6:27 pm to AuburnTigers
Posted on 7/30/25 at 6:27 pm to AuburnTigers
quote:
people priced out of the housing market and are flushing their money down the drain on overly priced rentals.
What do you think increased demand will cause?
1
Posted on 7/30/25 at 6:47 pm to RogerTheShrubber
Were talking in circles. You anti rate cut fricks are fricking idiots.
Just dont hide when rates get cut and the economy booms and we start threads calling you idiots out on your bullshite stances today
Just dont hide when rates get cut and the economy booms and we start threads calling you idiots out on your bullshite stances today
Posted on 7/30/25 at 7:34 pm to SlowFlowPro
Why do we need a government agency setting rates? Let the market decide.
Posted on 7/30/25 at 10:31 pm to AuburnTigers
quote:and they’ll add another 700 billion in spending to compensate
If cutting 1 percent on the rate saves us 350 Billion annually. Cut the fricking rate.
we’re fricked either way, what does it matter?
Posted on 7/30/25 at 10:39 pm to RogerTheShrubber
quote:
We dont need lower rates. That how you overheat the economy.
Exit polls back in November showed that "inflation/cost of living" was the biggest issue for voters by a longshot.
Combatting inflation and cost of living was Trump's biggest mandate from voters.
So basically I'm agreeing with you.
Posted on 7/30/25 at 10:41 pm to SlowFlowPro
quote:
Housing prices haven't fallen enough. This forcing prices down is a good thing, IMHO.
A lot of these people trying to sell their homes are stuck in 2022 and still trying to party like it's 2022. It's a pipe dream.
Posted on 7/31/25 at 12:34 am to SlowFlowPro
quote:
The answer there is lowering prices. Lowering rates would increase prices.
Man this is about to really hurt. I generally disagree with everything that comes out of SFP’s mouth. I absolutely believe he supports pedophiles and is maybe the only poster on this site that I would get actual pleasure from meeting him at a Sonic….but….
He is right about this. Now let me go throw up.
Posted on 7/31/25 at 12:42 am to RogerTheShrubber
quote:
We dont need lower rates. That how you overheat the economy.
Is this your way of admitting Trump turbo charged the economy in less than 6 months?
Posted on 7/31/25 at 4:06 am to Rebel
quote:
admitting Trump turbo charged the economy in less than 6 months?
Huh? The economy is fine as long as you stop kicking the can down the road, which is exactly what he's doing.
Turbocharged?
Posted on 7/31/25 at 4:51 am to RogerTheShrubber
quote:
We dont need lower rates. That how you overheat the economy.
You and Powell might be right, and Trump might be right. The reason this is being much debated is because it is not clear cut. It will be…in retrospect.
Posted on 7/31/25 at 6:24 am to SlowFlowPro
quote:if we cut federal spending to 0 we still owe $37 trillion which has to be paid for at higher rates now because of yellens incompetence.. That isn't a talking point, it's reality.
Now there is this new NPC talking point about the federal debt, but we all know where that's coming from and again, that's a spending issue that needs to be resolved with spending less and fixing our debt issues that way
I'm not a proponent of cutting rates now any more than I was the two times Powell did it right before the election but you can't ignore just dismiss the cost of servicing the debt as some talking point
Personally I think rates should stay where they are. I also think fedgov spending should be cut but congress refuses to do it. Huge shock there
Posted on 7/31/25 at 6:25 am to MajorityWhip
Imagine wishing for more inflation.
Posted on 7/31/25 at 6:26 am to MajorityWhip
Maybe cut spending? Raise taxes?
Posted on 7/31/25 at 6:27 am to RollTide4Ever
quote:
Imagine wishing for more inflation.
Just like how the last cuts caused more inflation
Oh wait
Posted on 7/31/25 at 6:28 am to SlowFlowPro
quote:
this will start the market losing confidence in the value of housing prices, which is going to really escalate the slashing of these overrated home values
Posted on 7/31/25 at 6:34 am to UncleFestersLegs
quote:
if we cut federal spending to 0 we still owe $37 trillion which has to be paid for at higher rates now because of yellens incompetence
Sure. We don't have a time machine though, so we can't fix that, now.
quote:
but you can't ignore just dismiss the cost of servicing the debt as some talking point
I bring it up only because it's clear that the NPCs have been given a talking point. We've been discussing these rates for a long time and this is a very new development.
Hell, it wasn't even discussed at all on here until that became a theory behind Trump's tariff strategy.
The people pushing for the rate decrease seem to actually be doing it for 2 reasons
1. Pure politics, following the lead of echo chamber content creators telling them this is what their team believes
2. People who are associated with the housing market (or who have direct-personal interests) who fear housing prices falling.
I imagine group 2 is the vast majority of people being active in these conversations, and its quite transparent. That's why they had to create a new talking point (the refi one) to permit them the standard leeway in cover/pivoting to hide their self interest guiding their arguments.
Posted on 7/31/25 at 6:37 am to UncleFestersLegs
Posted on 7/31/25 at 6:43 am to SlowFlowPro
quote:NC_TIGAH had a thread in 2023
Hell, it wasn't even discussed at all on here until that became a theory behind Trump's tariff strategy.
quote:I'm in neither group and don't support a rate drop but I still recognize yellens frickup is costing us hundreds of billions.
I imagine group 2 is the vast majority of people being active in these conversations, and its quite transparent. That's why they had to create a new talking point (the refi one) to permit them the standard leeway in cover/pivoting to hide their self interest guiding their arguments.
Posted on 7/31/25 at 6:48 am to UncleFestersLegs
What I was saying wasn't referenced was the fed ignoring it's policies and mandate to manipulate rates to refi the debt
THAT is the new talking point
We all know Yellen fricked up. We just don't have a time machine to fix that
THAT is the new talking point
We all know Yellen fricked up. We just don't have a time machine to fix that
This post was edited on 7/31/25 at 6:49 am
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