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Not sure why you're being downvoted. We have massive debt and our Federal Reserve is now resorting to buying treasuries again but in spite of that yields are ri
by quartzite 7y ago
Not sure why you're being downvoted. We have massive debt and our Federal Reserve is now resorting to buying treasuries again but in spite of that yields are rising! This should disturb everyone. Helicopter money won't necessarily cause hyperinflation but it will cause some inflation along with massive new debt.
Here's a reality check: MMT and related ideas are nonsensical. They cannot work. They will destroy economies where they are implemented.
- TheGrassyKnoll 7y agoTreasury Yield 10 Years (^TNX) NYBOT - NYBOT Real Time Price. Currency in USD 0.9380 -0.1810 (-16.18%) As of 2:59PM EDT. Yields are rising ? 10 year notes under 1%. They're talking about negative rates.