interest up 25 basis points, page-50

Everyone hates rampant inflation where the goods and services we pay for run too high in prices, but no one complains when their wages and house prices go up either. So what's it going to be, you guys pick, what do you want? It would have been much better if there never was any stimulus so far back creating steep asset prices, which was matched by steep mortgages for families just to meet the market. Well here we are, the end result of abusing the system for too long at the expense of the future generations 'once again' and, guess what, most don't approve. Yes, interest rates should have been set much, much higher 10 years ago - I'm talking 10% plus mortgage rates. Had that been the case then there wouldn't be the squirming going on right now for the pathetically small rates we pay now. You can't always have your cake and eat it - eventually reality must faced rather than kicking it down the road - again.