RE:RE:RE:As I’ve said 8% - can you imagine interest expense would be like $2.5T a year in US...not even taking into account what an interest rate like that would do to receipts! We know govt outflows never go down. Indeed ...the govt has 2 options...inflate or die. I suspect the goal post to move soon on target inflation rate from 2% to 4%....
rock is meeting hard place...and indeed the ponzi cannot last forever! Even a fed rate of 4% will cause everything to implode most likely....