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> Higher interest rates are here to stay. Sweet summer child, I wished you were right but what I see on CNBC every time tune in tells me the financiers are goi
by bugbuddy 3y ago
> Higher interest rates are here to stay.
Sweet summer child, I wished you were right but what I see on CNBC every time tune in tells me the financiers are going to have their ways and rates will head to back to close to zero much sooner than you can say uncle. Soon the cost interest expense will be larger than defense in the US. This will call into question the sustainability of US fiscal policies and no politician would tolerate such inconvenience. If you’re explaining, you’re losing.
- jacquesm 3y ago> Sweet summer child This is the kind of posturing people use to make it seem as though they are the ones with wisdom compared to the person that they are talking to. If your argument has merit it doesn't need such an intro so you're devaluing your contribution by prefixing it like that.
- Simon_ORourke 3y agoBut what about massaging the ego behind the message? If HN comments are about anything, they're mostly either a straight-forward addition or clarification, a "I-know-more-than-you" trumpet parp, or a combination of the two... that comment was one of the latter.
- deleted 3y ago[deleted]