Shopify Subordinate Voting Ord Shs Class A T.SHOP

Inflation or Higher More Reasonable Interest Rates?

[Bertanderson]

I'm really tired of every news report and financial analyst stating that rates are "surging" !! Rates are not surging. Surging is going to 10% or higher. Again, economist globally have created this problem when they thought inflation would never occur and we should accept negative interest rates. We are getting back to a more normal time on interest rates, stead reasonable stock growth, affordable housing, and personal savings with some steady returns on bonds. These wild swings and exponential growth was create by governments around the world and they are working to correct it, hopefully. Do you really want inflation staying at 8% or even going to 10%? Okay, maybe you can afford it because you have made significant gains in the stock market and housing market over the past 10 years, but the average person hasn't held these products and assets. It's not sustainable, the average person cannot afford 8% inflation. This will lead to increased poverty and crime. New reporters and financial analysts, please report that we are working to return to a more balanced, sustainable and prosperous time for all and that requires raising interest rates. Also, please stop with all the recession scare tactic reporting, we have very low unemployment. Companies can adjust to the higher interest rates.

[tarnoir]

I think when the refer to "surging", they are speaking to the 0.5% rate in April to almost 3.25% rate today. That is some serious increase in such a short time. I agree that 3.25% isn't much by any historical standards but 3X increase in less than a year is significant to say the least. Also, as the media is so apt to do, they sensionalize everything to draw you into reading or

[Bertanderson]

I agree that that would be their explanation for using the word, but they are using it just before the Fed meetings as a sensationalized headline, as you say. Your point is well taken in that the rate change versus time has been a steep upward line. However, I also think that they haven't done enough, it's still painful for the average person since their actions have barely touched rising

[Angler101]

Hey Bert..... "We are working to return to a more balanced, sustainable and prosperous time for all"...Lol....that's the funniest CNN-brainwashed line I've heard in a very long time!.....hate to have to break up your little Koombaya fest, there Bert, but we're entering the worst recession most of us have seen in our lifetimes

[Bertanderson]

Angler101, I know my statement sounds like a panacea, but the disparity between the "haves" and the "have nots", continues to grow at a exponential rate. We need a reset. The "fake news" is all the talk about recessions and surging interest rates because it's going to hit the stock market and the wealth of the already wealthy. We've had over 10 years of

[Angler101]

What news organization exactly are you suggesting is guilty of fake news?

[Angler101]

Because, In my opinion, the real fake news has come from the mainstream media that has been defending the appaulling ineptitude of the Biden administration, and helping them in their feeble, ridiculous attempts at redefining “inflation” and “recession”, and blaming everything but their own colossal mistakes from making decisions based on ideology instead of economics. I think the public