re: #836 realwest

Hey sub! Don’t forget however, that the TBonds being sold at higher interest rates are going to be repaid with the equivalent of monopoly money. That’s just ONE of the reasons Pelosi (Pelosi!) and Kerry (Kerry!) were talking to the Chinese about the US economy - they bought a ton - nearly half - of all T Bonds back in the day when a dollar was worth, well, a dollar. They are NOT pleased that they will be paid back with monopoly money, either.

Morning RW! Hope you’re well today!

Exactly right on! That’s precisely what the article refers to. Bond boys are scared to death of inflation, and pushing the interest rates up in an attempt to minimize exactly what you’re talkin’ about.