Now that everyone has read the memo that inflation is down, people can hyperventilate about the national debt. The new Z1 report on the U.S. balance sheet says we should remain calm.
Hi John, I always appreciate your perspective. Are you at all concerned that interest payments on the debt are rapidly approaching the third largest item in the federal budget behind SS and Medicare? Second, are you concerned that the Fed will continue to sell securities until at least the end of January and what impact do you believe it will have on the economy in 2024?
Your insights on equilibrium and complex adaptive systems are fascinating. I'm amazed at what you are able to convey in a fairly short article. Thank you so much for sharing your knowledge and clear-headed analysis.
Hi John, I always appreciate your perspective. Are you at all concerned that interest payments on the debt are rapidly approaching the third largest item in the federal budget behind SS and Medicare? Second, are you concerned that the Fed will continue to sell securities until at least the end of January and what impact do you believe it will have on the economy in 2024?
Thanks Steve. Means a lot from you. Hope our paths cross again soon. John
Jeff, you have made my day. At this point in life, my objective is to share ideas with people. Thank you for reading and for your kind comment. John
Your insights on equilibrium and complex adaptive systems are fascinating. I'm amazed at what you are able to convey in a fairly short article. Thank you so much for sharing your knowledge and clear-headed analysis.
excellent summary and important conclusion, john. very important insights. best, swk