So we know the Federal Govt has limited power to curb inflation. Most policy seems aimed at subsidies which would may actually drive more inflation not reduce it. What if they went all in to support the supply chain? Wartime-like effort to bring it back in line? Plausible?
Still struggling to believe how fast this happened. Over the last two years we’ve seen interest rates go from 2.6% to 6.2% and home prices grow 25%+. So for the monthly payment of what was a $600K house you can now only afford what was a $300K house. 🤯
@BackpackerFI It’s worse than that because there’s also 25+ price inflation. What was a $300K home is now a $400K home. So two years ago if you could afford a $600K house, now you can only afford a house that was $300K at the time. Literally cut purchasing power in half
Can someone please explain this weird Internet trend where people record themselves watching a video and then repost it split screen alongside the original video? What am I missing? Why would I want to watch someone watch a video?
I’ve worked with entrepreneurs across the full political spectrum, but one thing I love about the context of entrepreneurship, we talk about their story, their goals, them as a person. Amazing how all of the noise clears out when you focus on the individual.