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<p>[QUOTE="SD51555, post: 2235231, member: 71871"]Forgive me if I don't tie this entire thought together. But what if interest rates went up and people opted to save by buying government bonds if they actually paid something beyond perceived inflation? Why don't our citizens own our debt? What happened to the days of everyone buying bonds? It's worthless. That's why. </p><p><br /></p><p>Maybe taking the foot off the monetary snow maker (and a rate rise) might cause a shift back to equity and cash in purchases vs chasing maximum borrowing power to get into the home ownership, auto, or education race. I've been saving and avoiding debt for my whole working life and got to say I feel lot poorer than those who haven't saved squat and have everything. </p><p><br /></p><p>I sit idly by and watch home prices go higher, new trucks $13,000 higher than the last time I bought one in '07, cost of an MBA a laughable investment etc.[/QUOTE]</p><p><br /></p>
[QUOTE="SD51555, post: 2235231, member: 71871"]Forgive me if I don't tie this entire thought together. But what if interest rates went up and people opted to save by buying government bonds if they actually paid something beyond perceived inflation? Why don't our citizens own our debt? What happened to the days of everyone buying bonds? It's worthless. That's why. Maybe taking the foot off the monetary snow maker (and a rate rise) might cause a shift back to equity and cash in purchases vs chasing maximum borrowing power to get into the home ownership, auto, or education race. I've been saving and avoiding debt for my whole working life and got to say I feel lot poorer than those who haven't saved squat and have everything. I sit idly by and watch home prices go higher, new trucks $13,000 higher than the last time I bought one in '07, cost of an MBA a laughable investment etc.[/QUOTE]
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