[75dvtwin]

@nostromo -- you are exactly correct. The US Fed govnt policies caused inflation, now trying to cool it down through raising interest rates on govn bonds. So investors that were buying commericial bonds, now go and buy govnt bonds.

Then, the commercial bonds (for good sound companies), loose values. Then commercial bonds investors loose their investment...

So the loose-loose sitation were are looking at:

a) continue printing money out of thin air -- raising inflation and indebting the generation of kids who do not even vote yet

b) get the current economy go into depression.

It seems like the current generation, with their choices of leadership and the habits is responsible -- so ( b ) has to be chosen (to be fair).

But since we do not live in the world where accountability is a thing -- ( a ) will be selected.

[quonn]

The argument with the kids is really bullshit. I‘ve heard it again and again in different contexts. As if anyone could know how the short term economy will affect the kids. As if the kids would only start living in their 30s and the experience of poverty in childhood would be nothing. As if the economy would be a fixed thing that could be predicted for a few decades in advance.