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1 posted on 12/03/2008 8:56:29 AM PST by fiscon1
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To: fiscon1
The risk of higher interest rates is very real. Actually, the article might have understated the risks of all the “stimulus” spending. Running up monstrous government debts, and paying them off by printing money, is a recipe for hyperinflation.
2 posted on 12/03/2008 9:06:25 AM PST by USFRIENDINVICTORIA
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To: fiscon1
Treasury Bond is at record levels and only giving an interest rate of 2.67% on the ten year benchmark.

Treasury doesn't set the interest rate. They offer bonds at auction, and it's the buyers who set the interest rate by how much they're willing to pay for a bond worth a set amount at maturity.

3 posted on 12/03/2008 9:19:58 AM PST by Yo-Yo
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