Let’s cut through the BS.
The Fed claims it wants to end inflation… but it can’t. Sure it can talk tough, but we all know the Fed is going to “take a knee” sooner rather than later.
Why?
This:
The U.S. has over $31 TRILLION in debt. At these debt levels, every 1% increase in rates means an additional $310 BILLION in interest payments.
We were already paying $305 billion in interest payments per year when rates were at ZERO. They’re now at 1% and the Fed claims it’s going to raise them to 3%.
This would mean the U.S. spending nearly $1 TRILLION in interest payments… without reducing our debt by even a penny.
In fact, according to the Congressional Budget Office, we’re going to run a $2 trillion deficit this year… which means our total debt amount will rise to $33 TRILLION… which means every 1% increase in rates will lead to $330 billion more in debt payments.
You get the general idea.
Simply put, the Fed is out of its mind if it thinks it can stop inflation without blowing up the entire bond markets.
Which means… the Fed will have to let inflation rage. The alternative is a debt crisis that makes 2008 look like a joke.
This is why gold is forming a rounded bottom and preparing to explode higher.
This is the plan and it involves Clinton, Bush Obama and Biden and all the scum luciferians that have their hands up these puppets arses. The next shoe to drop is a fiscal collapse..been coming since savings and loan cover up…jfk and now Trump are THE ONLY ONES WHO EVER TRIED TO STOP IT!! It cost JFK his life and as we can see every attempt short of assassination is being applied to stop…Trump….
Hidden danger of the rainbow agenda is back on track! Under this demon warrior called Biden! This is what they are hiding and distracting us from
Hopefully no more bank and corporate bailouts this time which I think there is not enough tax money anyway.
Hi 7:15: I truly hope that you have written this to help wake everybody up. As for JFK, I used to believe a lot of things but now my whole outlook on Life has been forever changed and I can’t un-see a lot of things. Guess time will tell when all the Dead Rise.
Future rate increases do not affect rates on previous debt obligations unless those obligations were designed with variable/adjustable rates. Government debt is almost entirety not that, so the fundamental premise of this argument is simply wrong.