Jan

17

The bond market is pricing in inflation of 1 or 2% a year for the next 10 or 30 years. Yet every repub and every free market person predicts a catastrophic rise in inflation and interest rates. Who knows better? Paul Derose, Bill Gross, and Zachar and the thousands that at the margin adjust prices every day based on the expected future events, and their desire and past ability to make a profit, or the free market groups. What a waste of energy it is to concentrate on this red herring rather than the slavery.

John de Regt comments:

The way I see it, either this massive govt intervention is the new new, or supply and demand will kick in, and interest rates will go up. All the western governments have discovered the magic elixir of QE, and either it will end, or it won't…


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