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Reply to "Be concerned about the 10 years yield"
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[quote=Anonymous]We are spoiled in this country. We have low rates to acquire assets. That's how we built massive wealth compared to our peers. The average American doesn't understand this. Now investors are asking more to buy our bonds. But we need money because we keep cutting taxes yet spending more. So we may to print money to give more to those investors. But if we print more, we accelerate inflation. Wait the new incoming fed chair thinks this all temporary and is in a hurry to cut rates. Inflation doesn't affect rich people like it does others. And he is one of them. God help us. https://www.wsj.com/finance/investing/the-global-bond-rout-is-accelerating-heres-what-to-know-b5efb93b[/quote]
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