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by eftychis
1366 days ago
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Scratch that (true, but the whole economy I counter needs cheap enough money to grow); the U.S. government is the biggest borrower I counter-claim. So taxes got to go up while the economy somehow keeps growing for this to be sustainable. Ergo, it is not in a matter of years, and I would say that is the common "secret." The hope is that everyone is going to march in line and not go out asking for raises due to inflation; so that we end up with "hyper-inflation" before the supply chain system stabilizes, maybe the Russo-Ukraine conflict sees some light, and the U.S. Treasury can decide they can't sustain this any longer. Thus, we are praying for all these pieces to kinda fall into place, so we don't end up with hyper-inflation, recession and interest rates going down all at the same time. P.S. You can follow the target to actual rates here https://www.newyorkfed.org/markets/desk-operations/reverse-r... Click All to see the difference in scale we are talking about to the past. 2 Trillions are parked to the Fed by banks, accumulating the new high interest, waiting for a signal to be re-enter. |
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