RE:RE:RE:Something newHere is the catch 22 Booter, if inflation ( cost of living ) increases at a substantial rate and we will use an example. If inflation stays at 7% are govs around the world going to be able to pay 1% or 2% on the bonds they are selling, no certainly not so they have to raise the percentage they pay to people buying those bonds, hence you see the substantial rise in mortgage rates because those mortgage rates are based on a 5 or 10 year gov bond. So you see the cost of servicing that debt skyrockets along with interest rates. Economists around the world have been asking the central banks for over a year to raise interest rates before inflation takes off. Well it's to late they waited far, far to long and now they are cought between a rock and a hard place and who pays for all this. We do the average joe/jane get it in the ear.