What is Nostr?
Piecover
npub1442…09ae
2024-10-19 12:06:20
in reply to nevent1q…2qc7

Piecover on Nostr: The rate hike/cut sinusoïdal function is accelerating quick, soon it will be a 2 ...

The rate hike/cut sinusoïdal function is accelerating quick, soon it will be a 2 year cycle.

Even if they drop rate to 3%, interest on the debt will still be above 1T next year. But they can't bc the bond market would blowup asking for a higher rate on their money that's > than inflation
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npub1442cldwt7575fuqtrae7hwtkeelyedp9k6eh8xjqj6728sln2k5q0a09ae