Originally Posted by
fcoolaiddrinker
hard to argue with that but from a big picture going from a decade of 2-3 to potentially 3-4 or even 5 shouldn’t be a major problem. Plan accordingly. Super low interest rates punish savers and rewards debt. It Also causes some inflation as it adds liquidity.
1- interest rates don't punish savers, inflation does.
2- inflation is caused by the printing of money
3- inflation is a hell of a lot more than "5%" .... if the government is willing to admit that amount, then it is probably double or maybe even triple that. The real question is whether or not it will turn into hyperinflation.