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Bonus episode: Why prices fluctuate - the impact of interest rates on our lives

The David McWilliams Podcast

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What's Happening in the Car Market?

Even with the central banks increasing interest rates, prices are still going up. Vorda comes from weird. But what I've noticed actually is in the car market as well. It's a really strange one actually. Usually what happens in recessions is the second-hand car market shoots up. And the new car market decreases. So this is a fascinating perversion that has happened because of the pandemic. During the pandemic, we stopped spending money on social issues going out. Right? The credit cycle. They're probably the credit cycle. As a result, you know, prices are going up and down and inflation comes into it. Let's talk about that.

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