To: penelopesire
Right you are Pen.My worry is what happens when Bernanke leaves or when he or someone else stops plugging in 85 billion bucks a month out of thin air into the economy. What then?
Interest rates will have to rise and when that happens this house of cards could easily collapse.I wanna know who will buy the debt and at what price interest.
218 posted on
08/03/2013 7:57:30 PM PDT by
rodguy911
(FreeRepublic:Land of the Free because of the Brave--Sarah Palin our secret weapon)
To: rodguy911
The Fed is buying most of our debt now with unicorn money...lol. The interest rates need to rise to help the correction, but the fed will not do it. This will result in rapid inflation and collapse of the US dollar. Then all hell breaks lose. That is the run down from a few of the books I am reading right now anyway. The true Crash hasn’t happened yet.
219 posted on
08/03/2013 8:07:34 PM PDT by
penelopesire
(TIME FOR OBAMA TO ANSWER FOR BENGHAZI UNDER OATH!!)
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