RE: 75 Points What's Next

Last time The Fed interest rates were hiked to combat inflation, it took several years to bring inflation to heel. At least that amount of time needs to be spent this time to reduce inflation. This needs to be factored in to any market activity for a few years.

One aspect of this situation which doesn't get much coverage is the interest on the national debt. Part of the federal budget is interest on that debt (currently around USD 32T). That share of the budget will only grow larger over time, and it will overtake military spending and entitlements as the largest item in the budget. This will cascade to the markets, and it won't be pretty.

Currencies will fail, including USD. The dollar will be the last currency to fall.

Posted Using LeoFinance ^Beta