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I’m the gif that keeps on giving
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It's my favorite new thing. I knew it was a GIF candidate as soon as I saw that video. BTW, I was on an exercise bike when I watched it, and I noticed the exercise bike behind you in your husband's office.
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At least one of them gets some use.
End of conversation
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10 year yield at 3.14% with 21 trillion in debt and trillion dollar deficits for decades to come! bond market isn't pricing any concernspic.twitter.com/MhEIled1CP
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Let me put it bluntly. It’s shaping up to what might be the mother of all problemos. Imho.
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She *might* say that the money is being spent on all the wrong things and so that it is, in this case, a problem (or could be)? The bigger problem, perhaps, is the idea that numbers can tell us anything on their own?
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There will be no problemo if FED starts printing money and paying down the debt but with a pace of no more than 4% inflation, preferably for a period of many years.
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Scorched earth...
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