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With the Federal Reserve Bank jacking interest rates up and up more making the already rich even richer and making housing even more unaffordable nobody that doesn’t have to is going to sell or buy a house.
The Fed has wreaked havoc on the economy for decades and has outlived its usefulness, but it will never change. Andrew Jackson and many others warned Americans of the dangers of a large central bank but here we are being manipulated constantly by their actions and everyone seems to be ignorant of what is really happening.
Agreed. But it’s also the choices people make with there money. The majority of consumer spending is a trap. Unless you escape that mindset it’s difficult to get free from the manipulation of large banks and the wake created by them.