There is a definite link between the fed and debt ceiling.... especially when interest rates are involved...case and point the reason for such low historical rates is because a nation that is $20 trillion in the hole has fundamental constraints that can literally be turned upside down if rates were to rise ....a rise in interest rates can increase future deficits and the level of national debt as intersest payments become due....do you know how much higher the yearly deficits will be moving forward with a $20 trillion debt ...increased deficits caused by increase in fed funds rate... why do you think the fed keeps lying about rate hikes and how they keep saying they will be at his rate by this point in time but keep pulling back those "promises" they are trying to buy more time... probably hoping for stronger gdp growth to reduce the debt to ratio....we are due for a rate hike in December and 4 more next year.....let's see how truthful these hikes are. ..oh wait Powell is going to be next fed chairman...that means will be lucky to see one or two.....
Yellen: $20 trillion national debt 'should keep people awake at night'...what does she know....
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There is a definite link between the fed and debt ceiling.... especially when interest rates are involved...case and point the reason for such low historical rates is because a nation that is $20 trillion in the hole has fundamental constraints that can literally be turned upside down if rates were to rise ....a rise in interest rates can increase future deficits and the level of national debt as intersest payments become due....do you know how much higher the yearly deficits will be moving forward with a $20 trillion debt ...increased deficits caused by increase in fed funds rate... why do you think the fed keeps lying about rate hikes and how they keep saying they will be at his rate by this point in time but keep pulling back those "promises" they are trying to buy more time... probably hoping for stronger gdp growth to reduce the debt to ratio....we are due for a rate hike in December and 4 more next year.....let's see how truthful these hikes are. ..oh wait Powell is going to be next fed chairman...that means will be lucky to see one or two.....
This isn't a very coherent thought. Like I quite clearly indicated in my example, you have your causality completely mixed up. Do you think it is Capital One's fault that I'm in debt because they offered me low credit card rates and I subsequently ran up credit card debt in the example I gave? Do you think I should just arbitrarily stop making my credit card payments even though I can easily afford them because I think my debt is too high? You're advocating for both those positions, and both are clearly nonsense.
I think it's somewhat of an illusion that one of those places could provide returns or even safety if you believe the U.S. is on some kind of debt precipice. The U.S. economy is a big enough part of the world economy that, as they say, when the U.S. coughs the rest of the world catches a cold. I'd say keeping on with the lemonade making with maybe some downside puts is a pretty good strategy.
That's a nice conspiracy theory you've got yourself there. You could put the personal experience you have with the Fed on the head of a pin, don't even start with that "formal education" bullshit. Someone with formal education, experience, and who's had intelligent conversations with people who actually work at the Fed trump tinfoil hatter's with none of the above any day my friend. I realized long ago that you can't have an intelligent conversation with a paranoid, so good luck with all that. Audit the Fed!