> Those looking to buy a home but cannot afford the record high prices, are not faring well in this economy.
This is apples v oranges. Housing prices are the result a years, if not decades of mismanagement, bad decisions, sociopolitical forces, etc. On the other hand, "this economy" is a short term view of the present.
That aside The Fed's big problem is The Fed. It creates situations and then has to go to extremer extremes to dig itself out. The fact no one - most importantly, including Uncle Sam - can cut itself off from the addiction to debt certainly doesn't help.
This is apples v oranges. Housing prices are the result a years, if not decades of mismanagement, bad decisions, sociopolitical forces, etc. On the other hand, "this economy" is a short term view of the present.
That aside The Fed's big problem is The Fed. It creates situations and then has to go to extremer extremes to dig itself out. The fact no one - most importantly, including Uncle Sam - can cut itself off from the addiction to debt certainly doesn't help.