What will higher interest rates and inflation mean for the economy?

ringmastery

(1000+ posts) Send PM | Profile | Ignore

Wed Apr-14-04 01:53 PM
Original message

What will higher interest rates and inflation mean for the economy?

It's coming...

http://biz.yahoo.com/cbsm-top/040414/a2c315f40bb2dd8b7496f4fb3d711d2d_1.html

Printer Friendly | Permalink | | Top

Tempest

(1000+ posts) Send PM | Profile | Ignore

Wed Apr-14-04 01:58 PM
Response to Original message

1. The housing bubble will pop, big time

A bubble in housing, with worries of a pop
Some fear mortgage rates could cause major problems

http://msnbc.msn.com/id/4703943/

Printer Friendly | Permalink | | Top

Sandpiper

(1000+ posts) Send PM | Profile | Ignore

Wed Apr-14-04 01:58 PM
Response to Original message

2. The housing boom will come to a screeching halt

n/t

Printer Friendly | Permalink | | Top

Warpy

(1000+ posts) Send PM | Profile | Ignore

Wed Apr-14-04 02:03 PM
Response to Reply #2

5. Yes, and take the rest of the consumer economy with it

The main thing fueling the consumer economy is the need for things like major appliances every time some yuppie floats a loan for a bigger heap of masonry "as an investment."

Printer Friendly | Permalink | | Top

GainesT1958

(1000+ posts) Send PM | Profile | Ignore

Wed Apr-14-04 01:59 PM
Response to Original message

3. Shows Kerry was right to re-introduce the "Misery Index"...

For what can happen in that situation (inflation and high interest rates together), see (unfortunately) Jimmy Carter's last two years, brought to us by the Bush family's buddies at O.P.E.C.!:grr:

Ronald Reagan's people made some devastating commercials about this in 1980...looks like Kerry may just be able to do the same thing to Dub...only hope it sticks as well!

B-)

Printer Friendly | Permalink | | Top

PROGRESSIVE1

(1000+ posts) Send PM | Profile | Ignore

Wed Apr-14-04 01:59 PM
Response to Original message

4. The spike in energy prices can slow the economy down as....

the prices will take away much of the "stimulus" that Bushler gave to we average folk.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Tue Apr 30th 2024, 03:27 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.