[Ken522]

Uncle Ben is going to have to start increasing interest rates - and all that government debt won’t just go away ....

[central_va]

Uncle Ben is going to have to start increasing interest rates - and all that government debt won’t just go away ....

Burn-yankee better fire up the Fed's black helo and start the paper airdrop.

[rbg81]

Uncle Ben is going to have to start increasing interest rates - and all that government debt won’t just go away .... ------------------------------------------------------------ That's exactly why Uncle Ben will fight tooth and nail to keep interest rates low. Because the US Government can't afford to pay interest on the deficit at realistic rates--even 4% is too much. Right now USTs are at 2% and we are still borrowing 40 cents of every dollar spent. If rates go past 4%, the defict will explode even more than it already has. Then the house of cards will crumble. So....in Uncle Ben's eyes, inflation is probably preferable to that. Which is why the FED will keep on buying excess USTs. Of course, that will put the economy back in the toilet, but maybe it will hold off till AFTER the Election (which is all that matters y'see).