Higher interest rates slows spending to some degree. Slowing spending helps, but not an entire cure for the inflation. Flooding the economy with more printed un backed dollars creates more inflation. Your dollar devalues.
Sorry you are so misinformed Kyle. You and Jomo should go get lunch, coffee or something.
And you assume too much. You are thinking in extremes instead of thinking critically.
I do agree we are in a cold civil war currently that can and probably will go hot. Your opinions show how successfully...
No to mention money devalues as you create more basically out of thin air.
Gold for example. Inflation traditionally drives the price up. Not that we are on a gold standard anymore, but you can see the inflation in the price of gold. Not because the gold is "worth more" (almost 2000.00 per oz...
https://www.stlouisfed.org/education/feducation-video-series/episode-1-money-and-inflation#:~:text=To%20summarize%2C%20the%20money%20supply,leading%20to%20increases%20in%20unemployment.
summarize, the money supply is important because if the money supply grows at a faster rate than the...
Yup, there is always that one guy (or two) on a crew that will find a way to frig it up.
Look it says wet paint, don't touch.
Guy with the rake hides his hands in pockets...
Prices sucketh.
Food up. Fuel up. Parts up. Oil. Getting parts sucks often.
I did a lot to prep for this. But, still bites into the bottom line. Then add about a month of lost work before Christmas. Yep.
Feeding my fam is more as well.
We try to offset expenses by driving only one truck instead of two when we can. Planning a head on equipment placement day prior on the schedule. Try to keep the bookings to a common area of the county each week. Less movement. Less miles towed. Less fuel used...
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