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<p>[QUOTE="RickieB, post: 1145914, member: 2486"]I have been reading all these doom and gloom threads here on CT and I must admit it is scary to think of what would or could occur, if it does happen.</p><p>The one thing that really bugs me about rising interest rates is that if rates do rise this will have a severe impact on the amount of dollars needed to pay the interest on the massive Government debt. With such a large debt held by the Fed, this would cost them HUGE money in interest payments that they do not have.</p><p>Result?? Well to print more money, right? Another result, keep interest rates low (very low) and start QE-3,4,5,6,7,8,9,....get the picture?</p><p>When will it end? When we are bust?</p><p><br /></p><p>I am by no means a financial person as far as the USA economy is concerned, but my thoughts are that it could not be good to continue printing into oblivion. No good will arise from that. Perhaps the day of reckoning is upon our doorstep??[/QUOTE]</p><p><br /></p>
[QUOTE="RickieB, post: 1145914, member: 2486"]I have been reading all these doom and gloom threads here on CT and I must admit it is scary to think of what would or could occur, if it does happen. The one thing that really bugs me about rising interest rates is that if rates do rise this will have a severe impact on the amount of dollars needed to pay the interest on the massive Government debt. With such a large debt held by the Fed, this would cost them HUGE money in interest payments that they do not have. Result?? Well to print more money, right? Another result, keep interest rates low (very low) and start QE-3,4,5,6,7,8,9,....get the picture? When will it end? When we are bust? I am by no means a financial person as far as the USA economy is concerned, but my thoughts are that it could not be good to continue printing into oblivion. No good will arise from that. Perhaps the day of reckoning is upon our doorstep??[/QUOTE]
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