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1. Raise interest rates and stop printing. Crazy inflation stops, but asset prices crash and we enter a major recession or depression. The end result will likely be unrest and blood in the streets.

There's zero historical indication that this would happen based on interest rates from the past. In '74 the interest rate was 12%, in '81 it was 19.8%, in 1990 it was 9%. Even going as high as 6% nobody is getting out their seats. If you want to incite violence you need to race bait and then dress it up as "economic anxiety".



Yeah and what was the level of government debt that had to be serviced back then?

Here I'll save you the search https://fred.stlouisfed.org/series/GFDEBTN

And the last relevant number is the WAM (Weighted-Average Maturity) and it's around 5 years for that.

Now imagine how the numbers change when you go back to 12% interest rates and that debt gets rolled over at the new rate? Starting to see why no one thinks rates are going back there?




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