Not exact matches
Savings will decline as retired folk tend
to consume rather than build assets,
potentially leading to more competing demands for capital and
higher interest rates.
If this selloff is precipitated by
higher interest rates, weaker dollar and
higher inflation and the Fed decided
to start cutting
rates that would be a further mess for the U.S dollar and
potentially even more inflationary and could
lead to even
higher long - term
interest rates.
As discussed last month, this is a bit of a too much of a good thing crash all around — tax cuts into a strong economy sending inflation and
interest rates high enough
to lead the Federal Reserve
to (
potentially) over react and raise
rates too
high, causing a recession and growing debt issues as the government refinances debt at
higher rates, all while a tax cut reduces federal revenues.
Not only can this mean
high interest rates all around, it can also mean keeping track of multiple due dates, minimum payments, and APRs,
potentially leading to late or missed payments when something slips your mind.