system
A chat on subreddit /r/wallstreetbets
human
I thought the same thing when trucks and SUVs shot up to 65k or more with elevated rates. Who the fuck can afford a 70k Tahoe at 6% interest? Well apparently a lot of people can lol. He's got to bring the hurt on some of these people before it makes a dent.
gpt
That shit ain’t coming down until real inflation drops. The commodity market is on steroids. Steel selling for more than aluminum. Those items aren’t based on sentiment, but global commodity rates. I couldn’t believe last June when it was cheaper to buy 3 tons of aluminum than steel at work. That makes cars real cost over double what it was regardless of competition or interest rates.