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Topic	"Democrats and the Deficit Con"
tennisdude818 04/25/18 9:00:22 AM #45:	Deficits matter. We have gotten away with rising debt for so long because rates have been falling. Keep in mind, we have had a bond bull market (falling rates) for 30 years. Before that, we had a 30 year bond bear market (rising rates). The below video is about Japan, but does a great job explaining to the layman why deficits matter. https://www.youtube.com/watch?v=Njp8bKpi-vg" data-time="&start=11 Dont be short sighted. This debt will be around a lot longer than we will. If inflation picks up, the Fed has to raise rates. You cant say that inflation wont spike in the next 50 years. --- "I have never understood why it is greed to want to keep the money you have earned but not greed to want to take somebody else's money." Thomas Sowell <cite>tennisdude818 posted [p:900270829] in "Demo... [t:76545365]...</cite> <quote>Deficits matter. We have gotten away with rising debt for so long because rates have been falling. Keep in mind, we have had a bond bull market (falling rates) for 30 years. Before that, we had a 30 year bond bear market (rising rates). The below video is about Japan, but does a great job explaining to the layman why deficits matter. https://www.youtube.com/watch?v=Njp8bKpi-vg" data-time="&start=11 Dont be short sighted. This debt will be around a lot longer than we will. If inflation picks up, the Fed has to raise rates. You cant say that inflation wont spike in the next 50 years. --- "I have never understood why it is greed to want to keep the money you have earned but not greed to want to take somebody else's money." Thomas Sowell</quote> ... Copied to Clipboard!
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