The only proven way to stifle inflation? Reagan used it...yep, raise interest rates. It worked then and it is their only tool. Rates will go as high as 15%, they did in the eighties and don't say it can't happen again, it will. Take away---if you gotta finance something soon like a car or house get it now and at a fixed rate.
Gotcha beat, 98 epedition with about 290,000 miles. It gets looks too cause it's a rust bucket. Still runs strong , cause I do all maintenance myself. Local county fair two years ago. Ford dealer had all the great looking trucks out, I showed my wife the one I would buy and then saw the price tag, about 70 grand. I too want/need one bad but will NOT pay that price. Maybe the art of automobile body work is another hobby I will hafta pick up.
The only proven way to stifle inflation? Reagan used it...yep, raise interest rates. It worked then and it is their only tool. Rates will go as high as 15%, they did in the eighties and don't say it can't happen again, it will. Take away---if you gotta finance something soon like a car or house get it now and at a fixed rate.
Gotcha beat, 98 epedition with about 290,000 miles. It gets looks too cause it's a rust bucket. Still runs strong , cause I do all maintenance myself. Local county fair two years ago. Ford dealer had all the great looking trucks out, I showed my wife the one I would buy and then saw the price tag, about 70 grand. I too want/need one bad but will NOT pay that price. Maybe the art of automobile body work is another hobby I will hafta pick up.