Why Nostr? What is Njump?
2024-05-24 03:01:19
in reply to

6hand1 on Nostr: If container ship rates go up, then the cost of shipping everything that relies on ...

If container ship rates go up, then the cost of shipping everything that relies on those ships for transport goes up.
If the cost of shipping things goes up, then that cost will be passed on to the consumers (a.k.a: you).
If the costs to consumers goes up, then the CPI should go up (BLS shenanigans aside, of course).
If the CPI goes up, the that means inflation is not being 'tamed.'
If inflation is not being tamed, the Fed is less likely to cut interest rates any sooner.

Or - exactly what Lyn said.

And if interest rates stay this high for much longer?
Stand the fuck by...'cuz it's gonna get wild...
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