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Old 10-18-2021, 01:54 PM
  #39  
galaxy flyer
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Joined APC: May 2010
Position: Baja Vermont
Posts: 5,168
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For two generations, inflation has been relatively low and controlled. Not zero, but okay. Wait til the politicians forget the past, as they have, and we see inflation at 7%-10%, interest rates above 12%, mortgage rates at 12%, housing prices stuck because few can qualify for mortgages, government interest costs north of $1.5 trillion (today it’s at $500 billion), every bond auction a nail-biting exercise for Treasury. Then, we’ll see the effects of these insane policies.
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