TSX:AX.PR.E - Post by User
Comment by
Torontojayon Nov 15, 2024 7:12pm
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Post# 36315963
RE:RE:RE:Such a con job
RE:RE:RE:Such a con job
tylerreddick wrote: Torontojay wrote:
garyreins wrote: No recession, more inflation, higher bondyields, no rush to cut rates.
litereally before it even began. at least get closer to neutral before suggesting u cant go further
The government is desperate for the Fed to give them lower rates. The interest payment on the debt is greater than total defense spending. Let that sink in for a bit.
Meaningless comment. Interest rates aren't determined by that.
What crack are you smoking?
Interest rates are determined by the level of money supply in circulation. The more credit creation, the tighter monetary policy needs to be. This happens if too much money is chasing fewer goods. Interest payments on the debt increases money in circulation which adds more fuel to the inflation fire.
Why do I get the feeling im talking to a complete moron and im wasting my time?