Quote:
Originally Posted by wig
That's pretty vague. I'm going to go out on a limb and say this is a large understatement. 
I don't doubt that rates will move higher at some point, but you are offering an extreme speculation that may or may not unfold. You say this based on a future realization by the market based on things that are happening today as if you know something that the market as a whole does not. That's not very convincing.
I can certainly envision the dollar losing the dominant role that it has enjoyed, but your ending statement is either misstated or based on a lack of understanding of the debt in question.
First, they are creditors, not debtors. Second, there are no put options on treasury debt. The issuer sets the rules, not the purchaser. The best the creditor can do is sell it on the open market. |
Yeah was about to edit the debtor thing.
The 20% interest rate is using history as an indicator. 20% is actually on the low side of some economists projections. The fed will have to start reeling in the dollars at some point or hyper inflation will happen. You can not inject this much money into the system without a plan to reel it in.
If creditors are selling, they are not lending, where does that leave us? Printing more? Taxing more? Cutting more?
Im way to tired to be explaining this been working hard making money
