OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Inflation –and fixed income is a retired persons demise unless he’s got Gold

Posted by Ororeef @ 21:21 on February 11, 2022  

I just had my biggest one day gain ……

If you in debt ,interest rate will do you in….    A one percent rise from 1 to  two ,doubles your debt burden   .

It was easy coming down from 10 % to 9 % ..only about a ten percent drop ..On the way up its going to be hell ..

Credit card debt cannot be handled even with a 1 percent rise .The fed is dammed if they raise rates to those with debt,and cause a recession and they are dammed if they dont stop inflation with a rate rise. Biden is such a loser ..the people are turning against him big time ..democrats run from him ,he’s TOXIC.  Its too late to undo what he’s done .the poor people will just have to grin and bear it.. they elected him,they won the election and lost their souls.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.