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rainniier2 t1_ix2h0m6 wrote

Reply to comment by Kumquat_conniption in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus

If you educate yourself on the Feds monetary policy you would understand that federal spending bills are not what is impacting housing prices and housing interest rates.

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ApplesauceDuck t1_ix3ay58 wrote

The feds monetary policy and federal spending bills have nothing to do with each other. The Fed is a private institution not controlled by government policy. Spending bills impact inflation in different ways, generally more spending is correlated with inflation. For example, spendy fiscal policy increases M2 velocity which correlates to a slight uptick in CPI.

E: to address the “if you educate yourself” comment I have a masters in this stuff and was taught by one of the preeminent monetary theorists in the world so hopefully that covers it.

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Kumquat_conniption t1_ix2nut9 wrote

They are certainly affecting inflation which is the only thing I said.

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