Monday, April 5, 2021

So what is the big deal with a rate cycle?

 Maybe not much, it seems to be a been there done that, and can be the mild overheat everyone talks. But it makes the Senate pause, it means think twice on infrastructure, and have more tax battles.  The Infrastructure is not liquid, and if a new round of interest charges hit, the small states have like one ling term goodies on the line, it is sparse. Risky stuff, hard to get senate votes.

If  be send another short round of checks and think a bit more on the subject. Exercising the payment system has some positive side effects.

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