From: ScottW48@hotmail.com   
      
   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.   
      
   No longer matters.  The cycle was begun and can't easily be stopped.   
      
   > > Inflation triggers rising interest rates.   
   > The Fed has paused interest rate hikes.    
      
   Ten-year Treasury yields , which have added a whopping 25 basis points in just   
   a week, hit another 16-year high at 4.5660% early on Tuesday. As Deutsche Bank   
   notes, this is historically significant territory as the average of the   
   10-year yield going back    
   to 1799 is around 4.50%   
      
   Some pause.   The fed no longer has control.   
       
   >    
   > > Interest rates raise deficits.    
   >    
   > No, lack of revenue raises deficits.   
      
    Yeah, those god damned piano teachers just aren't paying their fair share.   
    Just stop the moronic BS.   When everything else is static...tax codes and   
   revenue...   
   rising rates add a huge cost to gov't.    
      
      
   > > Inflation exits the cycle as deficits trigger rates which lead to ever   
   higher deficits.   
   > What's that in English?    
      
     Seriously?   You can't see that even with inflation sidelined....lack of   
   adequate market for bonds   
   forces sets the market rates above fed targets.   
        
   >    
   > > https://www.msn.com/en-us/money/markets/kelly-evans-this-cou   
   d-be-even-harder-than-inflation/ar-AA1hDny5    
      
   > Since we beat inflation, maybe not the problem you say.   
      
   It's not just me....   
      
   ScottW   
      
      
       
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)