optionsgirl

Treasury Yields Will Continue to Rise

Great rant, LK- frustating, aint it? I'd vote you two thumbs up, but you can only vote once.


On May 24 09:42 AM LKofScotland wrote:

> Bottom line is that the 90's and 9/11 proved the preternatural inflationists
> horribly wrong. there are more billionairs in NYC than the rest
> of the planet combined for a reason. and if that's not enough take
> a look at your paltry tax dollars and how your government has determined
> that they be spent. the question here however is about TREASURY
> yields. Clearly they've been at nose-bleed levels since Bush's invasion
> of Iraq. Goes to show you how awesome Republicans are doesn't it?
> And now that the moron democrats have taken over and we have a fatherless
> black man in charge wagging his finger at us and screaming at Conservative
> Republicans that we're without any values whatsoever suddenly treasury
> yields rise. Surprise? Obviously not. Inevitible that they go
> up from here, though? Not necessarily. Government policy more often
> than not works at cross-purposes with itself. So yes, government
> policy of debauching the currency is just "mean, man. Really darn
> mean." Having said that what's really mean are the absolutely hillariously
> high taxes that will be result of the "policy." Again, this analysis
> must drill down on what specifically is meant by "higher prices."
> Higher prices on the GOODS side of the economy does not necessarily
> translate into an overall "inflation." Indeed it can and more like
> WILL result in just another plain old garden variety lowering of
> living standards ala the "Great Depression" with the added kicker
> of course of the government knocking on your door and saying "you
> need to pay us, too you worthless deadbeat American." That goes
> over REALLY well with the voter! Bottom line is that this is made
> to order money making for Wall Street and NYC. The kicker? Your
> government is giving them your tax dollars to boot. Didn't Hillary
> Clinton talk about hitting a reset button a while back? Well it's
> too late for that. Ground zero for this catastrophe is still state
> and local finances. If Mr. Beach Pundit is living on the west coast
> hope those Santa Ana winds aren't blowing in an unfavorable direction.
> Here one spark can cause the whole state to burn down. From where
> I sit I say Treasuries hold steady in here as some of the richest
> areas of the USA and Planet Earth go up in flames.