
Married with Love,Industrial engineer and Factory owner operator, Fan, fiction writer, enjoying the final vacation, Jimmy Carter forced me to become conservative and I enjoy hearing what people think from all around the country
What is done is done.
You are going to hear a lot of talking heads preach doom and gloom over yesterdays half percent rate cut.
We know from history it means there will be winners and losers
Those looking to put money into treasury T bills will get a lower return on investment (ROI)
Those already holding T bills have a slight increase in value
Basically over the upcoming months you'll see a reduction in money flow until the ripple effect dissipates. This will effect money transfers (operating loans) in the short term which in itself is inflationary due to a panic corporate money grab. Look for anything you're mandated to purchase (insurances for one) increase on top of the recent increase.
Us "off the grid" folks will only escape some of it so stay safe out there.