Natural Citizen
American Made
- Aug 8, 2016
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By my calculation, even a 5 percent rate hike adds a trillion Federal Reserve Notes per year to the growing deficit. Or roughly thereabout. That's about 200 billion Federal Reserve Notes per 1 percent increase on the interest rates. Spending is up about 7 percent and revenue has gone up a whole 1 percent in this so-called booming economy, so this isn't helping the deficit.
They aren't going to have any control over it, and the market will have to respond to reflect the truth of the matter.
In the summer of 2016, the 10 year bond was sitting at 1.3 percent. Now it's over 3 percent. That's a big jump percentage wise. So, we've already been observing rate hikes, irrelevant of any prospective rate hikes to come.
This is pointed more toward the market folk, Toddster, Mack, and kind.
What say you? I'm calling a bust sooner than later, I think thta interest rate hikes are likely going to be the pin prick which finally does it.
They aren't going to have any control over it, and the market will have to respond to reflect the truth of the matter.
In the summer of 2016, the 10 year bond was sitting at 1.3 percent. Now it's over 3 percent. That's a big jump percentage wise. So, we've already been observing rate hikes, irrelevant of any prospective rate hikes to come.
This is pointed more toward the market folk, Toddster, Mack, and kind.
What say you? I'm calling a bust sooner than later, I think thta interest rate hikes are likely going to be the pin prick which finally does it.