What I find so stupid, is that supposedly the mkt reacts to higher rates, see todays action, as if that is the answer…..yes raising rates to fight inflation is the answer…except they are barely acknowledging inflation, just a stronger economy…but far more serious is the fact that inflation is building …..and the whole world knows debt levels are so vast, that rates 2 % would kill the economy…..
I read the other day that a 1 % increase would cost over $ 1 Trillion in new taxes to pay for it !!!!!