Renters bear the cost of Fed-enabled housing price inflation through rising rents, particularly in the latest CPI data showing rents rising at 8.8%, whereas homeowners benefit from asset appreciation.
causalpending
Speaker
Peter StellaEvidence Quote
“the latest CPI number the cost of renting a primary reversance was rising at 8.8 percent and again who are the renters in America by far they are uh you know the poor poor part of the population people without you know without assets and so on...if you look at the demographics it's very clear who is paying the price”
Source
Debt Death Spirals, Fed's Losses, & Fiscal Theory Of Price Level | Peter Stella & Joseph Wang— Forward GuidanceCreated: 8/10/2026, 10:58:24 PM
My Notes
Loading notes...