From: pianoforte109@yahoo.com   
      
   On 10/3/23 9:46 PM, ScottW wrote:   
   > On Tuesday, October 3, 2023 at 11:32:16 AM UTC-7, mINE109 wrote:   
   >> On 10/3/23 12:38 PM, ScottW wrote:   
   >>> Deficits trigger inflation   
   >>   
   >> Inflation is down despite the deficit.   
   >>> Inflation triggers rising interest rates.   
   >> The Fed has paused interest rate hikes.   
   >   
   > The fed no longer has control of interest rates.   
      
   That's literally not true.   
      
   > It's market driven and as banks can no longer buy bonds due to the risk   
   > of their value being downgraded with future rises, the market is shrunk.   
      
   Treasury bond values are fixed.   
      
   >>> Interest rates raise deficits.   
   >>   
   >> No, lack of revenue raises deficits.   
   >   
   > 2nd grade economics.....again.   
      
   It has the advantage of being true.   
      
   > Read the article...again.   
      
   If I read the article, it would be the first time. I did check out the   
   author and found nothing to suggest she has any special insight.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)