Nebraska aka the boondocks | Well we know interest rates aren't going up, for every 1% rate hike we are looking at a whopping $140 billion increase in "interest" payments per year, the debt is rising, so by the end of the year this number will be over $150 billion. Some one will have to esxplain how you have runaway interest under this scenerio. The fed can not hack higher interest. So that leaves the other alternatives. 1982 type interest, highly unlikely. We are on the "zero percent interest" Titanic, for whatever that means. |
Just now from From National Inflation Association.
