THIS IS A DRUNKY COCAMO SERIOUS ECONOMIC WARNING

RAISING INTEREST RATES TO DETER SPENDING IS A POOR WAY AND AN UNNECESSARY WAY TO CURB INFLATION.

ENORMOUS COSTS WILL BE ADDED TO THE INTEREST BURDEN OF THE POOR.

A TRANSFER OF WEALTH WILL ENSUE FROM THE POOR TO THE RICH WHICH WILL HAMPER THE WEALTH AND THE ACCUMULATION OF ASSETS OF PEOPLE WHO REALLY DO NEED TO OWN MORE.

POSTSCRIPT: FROM FACEBOOK:

HIGH GASOLINE AND JET FUEL PRICES ARE NECESSARY TO CURB FOSSIL FUEL USE.FOOD PRICE ALLEVIATION FOR THE POOR IS EASY AND ADDS TO THE ECONOMY'S COMMERCE.

HIGH HOUSE PRICES WILL RESULT IN MORE, NEW, VALUABLE, DESIRABLE HOUSING BEING BUILT. THIS HAS HAPPENED SEVERAL TIMES IN THE PAST.

THE INVENTORY OF OLD HOMES WILL THUS BECOME MORE RENTAL HOUSING.

INTEREST RATES WERE SO HIGH IN THE 1980'S AND 1990'S THAT THE COLLARD FAMILY WOMEN'S CRIMINAL GANG LENT LINDON'S WIFE BETTY OR TRIXIE $42,500. THEY CHARGED LINDON $100,000. INTEREST AND THEY COLLECTED MORE THAN THE ORIGINAL $42,500., I WOULD ESTIMATE DOUBLE THAT AMOUNT FROM LINDON'S INHERITANCE FROM HIS UNCLE, HIS AUNT AND HIS FATHER'S BEQUESTS.

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THE YEARS BETWEEN THE ARROWS ARE THE YEARS. Interest rate drops were ignored.

LINDON HAD PLANNED TO BE DEBT FREE. LINDON'S MOTHER WANTED HIM TO BE "ON PAYMENTS", HE WAS ON PAYMENTS, WITH A CONCRETE WALL FOR A VIEW FOR 16 YEARS.

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Postscript by Lindon Collard posted on Facebook July 20 2022.

 I have actual stress and collapse as I hear the News about inflation hitting 8% the highest in Forty years when it was possibly the highest ever in Canada, 12% inflation.. 

That makes me recall how the Collard Family Women's Gang put my ex wife in charge from 1980 to 1990. Then I was divorced and harvested by the Woman Gang again. 

They opened up the floodgates for my dumb, crazy, vindictive Wife, ( Women were smarter faster and stronger according to the neo-religious doctrine of Woman"s Liberation.)

They opened up the floodgates for her to control and spend everything I had and the Gang, Mother, Trixie or Betty, Francine, Andrew (assistant woman), and Joanne, were yearning to loan out money I would have to pay 14% interest. $129,000 interest on just that scam. They deducted it from my inheritance from my Aunt and My Father and they just plain stole my Uncle's bequest to me and my Grandfather's. 

What am I complaining about those who did not inherit anything would say.

I was supposed to and that would have made life much more enjoyable for a cripple.

I had a job "for life" and disability insurance and a motor vehicle insurance claim all of which i was completely ripped off for. The inheritances were supposed to overcome that  according to the statements of the relatives who attempted to leave me money so if bad things happened and no good things ever happened I was to be OK.

Do not forget the rednecks burnt everything then my Wife spent all I had first.

Then the Collard Family Woman's Gang embezzling my Aunt Uncle and Grandfather inheritances and then they began lending and giving my wife money, all of which I would owe to take with interest out of my inheritance from my Father.