Tag Archives: interest rates
The Interest Rate Absolute Kill Point is 15.3%
As US debt mounts, it can be difficult to keep up with all the data. How far can the debt of the United States rise before a default or hyperinflation must occur? It is impossible to say exactly, but there is at least a theoretical limit: the point at which the total amount of interest [...]
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Operation Twist Makes Me Want to Pull My Hair Out!
Why are we in this mess we’re in, economically speaking? The causes are many, but they can largely be divided into two groups: (1) artificially low interest rates, and (2) stupid policies our government has carried out, financed by massive borrowing enabled by artificially low interest rates. I’m serious. Try to find me a major [...]
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Welcome to Treasury Roulette.
The US Treasury department has locked itself into a lose-lose game of financial Russian Roulette, trying to skip back and forth like a nimble elf between the two end-games of hyperinflation and government bankruptcy. One or both will finish it off, and we are late enough in the process that it’s going to be fairly [...]
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The MIT inflation project and the future of US inflation
According to the MIT Billion Prices Project, and the far less credible US government, annual inflation is approaching 4% in the United States. Although this is what many would call low inflation, consider this: Related Posts:The government is no longer necessary for inflation monitoring.Welcome to Treasury Roulette.The faces of interventionism: Paul Krugman and the ban [...]
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Does this make me alarmist? Maybe . . .
The nation of Greece is currently at the center of a debt meltdown due to its ridiculously high spending habits in the past. Thanks to out-of-control spending, the Greek national debt has climbed to about 113% of GDP. A result of that is that investors consider Greek debt more risky, and are only willing to [...]
Posted in bloated government, speculation Also tagged european union, gdp, greece, gross domestic product, national debt, ronald reagan, united states, warren buffet 1 Comment
Sustainable vs. Unsustainable Action and the Journal of the Hebrew Scriptures