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Fed sees faster time frame for rate hikes as inflation rises
The Associated Press ^
| June 16, 2021
| By CHRISTOPHER RUGABER
Posted on 06/16/2021 11:41:37 AM PDT by Oldeconomybuyer
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To: cuban leaf
But you will need to have income that increases in those bogus dollars. If you lose your income, you are in big trouble.
21
posted on
06/16/2021 12:22:08 PM PDT
by
Codeflier
(Covid-19 taught me: Two types of "conservatives", frightened safety seekers vs. freedom lovers)
To: Codeflier
But you will need to have income that increases in those bogus dollars. If you lose your income, you are in big trouble.
The assumption is that you have that income. Otherwise, nobody would be selling bread. :)
22
posted on
06/16/2021 12:22:58 PM PDT
by
cuban leaf
(We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
To: cgbg
Usury kills.
Slowly at first, then all at once.
23
posted on
06/16/2021 12:25:05 PM PDT
by
redgolum
(If this is civilization, I will be the barbarian. )
To: Oldeconomybuyer
This was a ‘given’. Always when the woke elect Democrats.
24
posted on
06/16/2021 12:30:49 PM PDT
by
Parmy
To: cuban leaf
“Borrow all the money you can now on a low fixed rate and as long term as possible”
I was just debating if I want to pay off a loan or not. Cash is in the bank. I wonder how long before we see higher interest paid on bank accounts.
25
posted on
06/16/2021 12:40:21 PM PDT
by
DEPcom
(Floyd died from being a drug addict. Drugs kill)
To: Uncle Miltie
This is a millisecond economy that will totally overheat next month. We’re doomed by ancient slugs at the Fed.
They have the millisecond data--but they are _not_ gonna share it with the plebes.
26
posted on
06/16/2021 1:00:28 PM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: Uncle Miltie
This is a millisecond economy that will totally overheat next month. We’re doomed by ancient slugs at the Fed.
They have the millisecond data--but they are _not_ gonna share it with the plebes.
27
posted on
06/16/2021 1:00:29 PM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: Oldeconomybuyer
The current low interest rates on savings result in a loss of money. The piddlingly low rate of interest is a joke. And the interest is taxable even though your money has lost value.
28
posted on
06/16/2021 1:44:31 PM PDT
by
I want the USA back
(The government is the biggest criminal of them all.)
To: cgbg
“If the Fed raises them at all significantly the crash will be epic.”
100%
What will the interest payments on the national debt be?
I have been preaching it. The red states had better secede or they will drag us all dole the hole.
29
posted on
06/16/2021 2:07:58 PM PDT
by
crz
To: crz
We are on a national debt event horizon.
Any significant rise in interest rates will have a major impact on the budget deficit (interest payments) and then we start paying interest on interest on interest...
A black hole—no escape.
30
posted on
06/16/2021 2:23:26 PM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: cgbg
100%
What will happen is the bonds will collapse and then we become like the Weimar Republic.
Start printing treasury notes backed by precious metals. Let the Fed currency collapse.
31
posted on
06/16/2021 4:01:24 PM PDT
by
crz
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