
Leave The Kids Alone! (Ep 1743)
VINCE
00:00
All Debts Are Paid, Ladies and Gentlemen
The federal reserve has been forced to raise interest rates significantly for the first time in over a decade. Interest rates are what the cost of money, it's not free. As the federal reserve hike's interest rates, rates throughout the economy go up and up and up. And then some what happens when you print more money? You get inflation. Because more moneys chasing the same or fewer products, right? Inflation. Prices go up. Mortgages are going up. They were three % a little while ago. They're now four point seven, five. They're probably going to be at six and seven, maybe over the next year, year and a half. Mark my
Transcript
Play full episode