RE:RE:Inflation target, risk free rate, cap ratesWhispers for more than a year now that target of 2% will need to rise are becoming louder and thus the reason the king end of the curve are up - whether true or not. Powell and the Fed have lost so much credibility since Covid - market isn't going to wait for their capitulation on target. The whole thing is a mess because it's all fiat - US has borrowed more than $1 trillion since June... that more than half a mil everyday for 5,000 years. Not sure how you can comprehend 1% of this and not instantly buy Bitcoin.