Fed sees faster time frame for rate hikes as inflation rises

The Associated Press ^ | June 16, 2021 | By CHRISTOPHER RUGABER

[Codeflier]

But you will need to have income that increases in those bogus dollars. If you lose your income, you are in big trouble.

[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.
The assumption is that you have that income. Otherwise, nobody would be selling bread. :)

[redgolum]

Usury kills.

Slowly at first, then all at once.

[Parmy]

This was a ‘given’. Always when the woke elect Democrats.

[DEPcom]

“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.

[cgbg]

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.

[cgbg]

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.

[I want the USA back]

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.

[crz]

“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.

[cgbg]

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.

[crz]

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.