“the entire federal government financing scheme would crash with higher rates”
The financing scheme would change & may crash, but that doesn’t mean cheap money is here forever.
Here are the top 6 cumulative outlays for 2021 in billions.
1) Income Security 1,649
2) Social Security 1,135
3) Health 797
4) National Defense 755
5) Medicare 696
6) Net Interest* 352
* The Net Interest category could double and I still won’t worry about it. Look at all that fat above it.
I think rate hikes are coming, regardless of what naysayers think.
Look at the Fed's latest monthly H.4.1 report and let me know if you still think the same.
I think rate hikes are coming, regardless of what naysayers think.
interest rate increases?
inflation
tax increases.
door 1, 2 , or 3?
could be
i assume that “income security” means welfare?
there’s so much ripoff fraud and abuse in that program, they should limit it to the genuinely disabled and be done with all the rest of that spending