Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

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
[ Post Reply | Private Reply | To 1 | View Replies ]


To: USFRIENDINVICTORIA
That's why the Dems' plan for a super-duper gazillion dollar bailout isn't going to happen-- sooner of later the interest rates will begin to creep upwards, quickly calling into question the US' ability to pay-off the debt, causing rates to rise even faster.

This will suck capital out of the economy, negating any Keynesian effect from the deficit spending.

Welcom to the real world, morons.

4 posted on 12/03/2008 9:41:51 AM PST by pierrem15 (Charles Martel: past and future of France)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: USFRIENDINVICTORIA

The article isolates the risks of having extremely low rates on the very instrument we will be using to borrow all this money combined with massive borrowing. I think the article paints a rather scary picture.


5 posted on 12/03/2008 10:23:01 AM PST by fiscon1
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson