Monday, January 30, 2017

The ten year seems bound to 2.5%

That does not mean my guess was right, I did not know that Bill Gross would pipe in with his 2.6%. He is big enough to tilt the graph, have measurement uncertainty. He likely scared the banksters and they are in the Senate keeping the rate down.

Bu it is a narrow window, the foreign creditors have FX insurance wedge that puts a lower bound around 1.8%, likely. If  the senate does not stay within bounds, the wealthy have to start buying bitcoin, and the helicopter will fly.

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