Can some Coli economists explain what’s gonna happen in the future if prices keep increasing

[Elim Garak]

Wages actually haven't been stagnant in recent years they've gone up a bit. I think we are close to the 2% target for the rate economists say should be the target for inflation. I will say though if we can't get it under control more people will continue to move from the more expensive states and cities.

 

[King Harlem]

In theory, if inflation and prices continue to rise, the Fed will increase interest rates to a point to where inflation slows down. This will also cause a downturn in the economy causing an increase in unemployment.

We are actually seeing this in real time now with the Fed now, as inflation has slowed down to a respectable rate (I think 2%) and we are seeing the 2nd rate cut.

 

[Sauce Mane]

Papa Trump 6 time bankrupt will take care of it, don't worry breh, we in good hands now

 

[King Poetic]

For majority of people getting a home and even getting a new vehicle will be out the picture

Used cars are going to be the way to go

And for homes u have a lot of these corporations buying homes and over pricing them

 

[OnlyOneBoss]

Well at a certain point the people/consumers would stop and demand shyt change


But as we’ve seen Americans are p*ssy and dumb and hate each other So the masses will just keep buying things and spending more while talking down on the people that refuse/can’t afford it.