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re: Steve Forbes Offers His Explanation Why America Is Rocketing Toward A Financial Cliff

Posted on 5/10/21 at 9:43 pm to
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45372 posts
Posted on 5/10/21 at 9:43 pm to
That’s the thing...at some point the Fed will have to raise interest rates...but they can’t. And then...

The damage will be done at that point.
Posted by TigerDog83
Member since Oct 2005
8275 posts
Posted on 5/10/21 at 9:47 pm to
Yep. Only way to dampen inflation is to raise rates but when the government can’t sustain a raise in rates to remain solvent well......it won’t be pretty.
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