That's why they're so desperate to turn up the immigration spigot as wide as they can, because inflationary pressures will drive wages sky high too if they don't. High inflation with increasing wages means disaster for ((( bankers ))) because all the debt they own is decreasing in value so fast that they're literally losing money.
If you take out a mortgage at 3% APR to buy a million dollar house today you're going to be paying ~$4,000 a month. Compare the jew's profit under 2 scenarios: 2.5% inflation and 10% inflation.
- At 2.5%, their total inflation-adjusted profit from your mortgage will be around $65,000.
- At 10% their total inflation-adjusted profit from your mortgage will be around -$448,000
Do you think the Fed is going to let that happen?
Yup, you see this in mortgages now, with the prime rate being below inflation in a lot of cases. The reason mortgage companies are increasing requirements so harshly is because every (((loan))) is losing money to the bank. You will own nothing and be happy
They have a problem, though. They have to raise interest rates to maintain their profit margin, which is going to massacre the housing market. One percentage point in interest rates adds 14% to the cost of a mortgage, which essentially is the same as devaluing single family homes by 14%. So, just going from today's ~3% rates to the 1990's rates around 7% would drive housing prices down 37%. In other words, the payment on a $570,000 house would be the same as on a $1 million house today.
There's no way to escape the carnage of the federal reserve currency, whatever they do next, the currency will collapse. And at this point i would say its closer to a matter of years at best, and not decades
Mortgage rates haven't increased since Obama was in office. You Guys are plugged into the fucking internet. How about you use it???? How many homes have you purchased? I've purchased three now. All in California. Four, but im not counting the trailer in the trailer park. Start somewhere.
Mortgage rates. https://www.cheatsheet.com/wp-content/uploads/2016/06/Mortgage-rate-graph-1024x395.png
The reason mortgage companies are increasing requirements so harshly is because every (((loan))) is losing money to the bank.
Did you not see the Big Short? Inside Job? Credit Default Swaps. Barney Fucking Frank's ass fucking thanks to Clinton repealing the Glass Stegal act https://www.demos.org/blog/owning-consequences-clinton-and-repeal-glass-steagall They were handing out loans to every nigger they could. Seriously, you need to research more and conjecture less.
Watch this, Seriously you will like it and hate it. https://www.youtube.com/watch?v=T2IaJwkqgPk Let us know when you see some Bad Actors like Soros. Yeah he was part of that too.
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