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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 3881417" data-attributes="member: 44954"><p>Ok, let me help you get caught up.</p><p></p><p></p><p>What you missed, is that hardly anyone is buying.... What they're all actually doing is <strong>borrowing.</strong></p><p><strong></strong></p><p>When interest rates to <strong>borrow</strong> drop, the demand increases, which increases housing prices.</p><p></p><p>You see, you bought when interest rates were high and demand was low. When interest rates dropped, demand increased, prices rose, and you benefited.</p><p></p><p>Now you're pretending the high rates that helped you buy low were bad for you. And at the same time you're pretending the low rates that jacked up housing prices for young people are a benefit to them and not you....</p><p></p><p>So basically you're a typical narcissistic baby boomer separated from reality.</p><p>Carry on.</p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 3881417, member: 44954"] Ok, let me help you get caught up. What you missed, is that hardly anyone is buying.... What they're all actually doing is [B]borrowing. [/B] When interest rates to [B]borrow[/B] drop, the demand increases, which increases housing prices. You see, you bought when interest rates were high and demand was low. When interest rates dropped, demand increased, prices rose, and you benefited. Now you're pretending the high rates that helped you buy low were bad for you. And at the same time you're pretending the low rates that jacked up housing prices for young people are a benefit to them and not you.... So basically you're a typical narcissistic baby boomer separated from reality. Carry on. [/QUOTE]
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