Powell has no choice. We cannot afford to pay the interest on government debt at normal interest rates. His next step will be to contain longer term rates by buying more medium term US debt.
We are receiving about 50% of govt spending in taxes. Not exactly a balanced budget.
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
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