Thank you for the post. What do you think about the prospect of the US invariably lowering rates or allowing inflation to run hotter than 2% as a response to address the debt concern?
Annual interest payment is now almost 15% of annual federal budget. There’s only 3-4 times in history that’s happened. Every time, financial repression, lowering rates, inflation happened, whether deliberate or not. It appears that such measure are convulsive responses. Could be similar this time?
Dec 31
at
10:38 AM
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