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To: faithhopecharity

“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.


24 posted on 01/13/2022 5:55:21 PM PST by unclebankster (Globalism is the last refuge of a scoundrel)
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To: unclebankster
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.

Fed H.4.1 1/13/2022

27 posted on 01/13/2022 6:00:21 PM PST by politicket
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To: unclebankster

I think rate hikes are coming, regardless of what naysayers think.


What are the options?

interest rate increases?

inflation

tax increases.

door 1, 2 , or 3?


30 posted on 01/13/2022 6:04:49 PM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: unclebankster

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


66 posted on 01/13/2022 8:25:41 PM PST by faithhopecharity (“Politicians are not born. They’re excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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