Yeah great, except that the gubmint will be forced to boost interest rates to attract buyers.
Uh.... Ben has not planned for rising interest rates.
“Yeah great, except that the gubmint will be forced to boost interest rates to attract buyers.”
Or, the Obamanation and the Rats in Congress can “nationalize” everyone’s 401k’s, IRAs, etc. like was done recently in Argentina, and grab another $1T to keep on spending. It’s for your own good and that of the country don’t you know! ...and the government will “guarantee” a 3% return to you....except it’ll be just like Social Security.
“the gubmint will be forced to boost interest rates to attract buyers.”
Bring it on, the quicker the better!!
Some of the best income years I had were when interest rates were above 15%.