Discussion about this post

User's avatar
W8878788766565's avatar

So you are saying that the FED should raise the rates above 10% and stop buying bonds ? This will result in:

- Stocks plunging 90%, which will result in pensions wiped out, insurance companies defaulting and whole lots of agencies and entities defaulting instantly

- This will have a chain reaction of defaults around the world. Blow up of a gargantuan proportion that will make 1929 look like a walk in the park.

- Absolute blow up of bond market

- Companies will fire everyone. 60% to 75% will have no jobs for years

and so on. Could be way worse than that.

Is that not true ? How will this help the people ? Anyone ?

Expand full comment
Joe Sollers's avatar

Come on, don't make me sign you up ... bring that stuff on here .... https://www.minds.com/newsfeed/1352325367926362113

Expand full comment
25 more comments...

No posts