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Have Rising Interest Rates Been Felt Yet? | Weekly Round Up

Inflection Point

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The Fed's Contribution to Federal Tax Receptions

The fed is actually suffering through the same thing that every other bank with mortgage backed securities and treasury on his balance sheet. They also have a loss. So they don't, they no longer have that income stream. And at some point, we'll run of people to tax and we'll send out missiles to pump up GDP so he can increase corporate taxes. That's what comes back when you flip charts like those again. Yeah. Joe Biden's not gonna default. No, he's not. We're not going to default on the day on the day after Christmas. What do you think? Oh, look, it's literally just math.

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