First is the direct effect on inflation, which is captured in the “owned lodging” part of the patron price index. Second is the oblique influence on household spending. And third is the impact that a fast change in costs – the inflating or deflating of a bubble – can have on the real economic system. Let me discuss each of those in turn.
Senior homeowners can stay of their residence with out making a month-to-month mortgage cost. With most seniors on fastened incomes, not having to make a month-to-month mortgage payment can enhance money stream and relax a monthly finances … Read More