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'The time has come' to lower interest rates: Fed Chair Jerome Powell [NPR] (www.npr.org)

submitted 2 months ago* (last edited 2 months ago) by theangriestbird@beehaw.org to c/usnews@beehaw.org

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[–] theangriestbird@beehaw.org 3 points 2 months ago (2 children)

I hope others are as fortunate as we’ve been, with even more and better opportunities to secure a home and build a stable future for themselves.

Unfortunately, because capitalism is a zero-sum game, your fortune actually specifically means that others won't have the same opportunity. I hate it here!

[–] Domiku@beehaw.org 2 points 2 months ago

Ideally, we want a society in which real estate doesn’t need to be a store of wealth because we have strong social safety systems. I don’t blame an individual with difficult circumstances for playing the game to take care of their family (to an extent).