Livin’ La Vida Bidenomics! US Conforming Mortgage Rate Up 161% Under Biden, Home Prices UP 26%, Real Median Weekly Earnings DOWN -5%

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by confoundedinterest17

We are livin’ la vida Bidenomics!

The 30-year conforming mortgage rate is currently 7.23%, up 161% under Biden and Bidenomics (code for massive Federal spending on green initiatives that go to large Democrat donors and Ukrainian oligarchs). Meanwhile, M2 Money supply is up 9.4% under Biden.

At the same time. home prices are UP 26% under Biden while Real Median Weekly Earnings are DOWN -5%.

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On a sad note, it looks like The Federal government is starting to rattle its Covid saber just in time for the 2024 Presidential election. Odds are the US will ramp up online voting, early voting, etc. Think of John Fetterman (aka, Walter White’s twin brother) and the Pennsylvania voting experience.

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