Rick is right—long-term rates stay high, politicians failing us, consequences unfolding now; Legendary economist Milton Friedman: “Inflation is made in Washington”

“Rick nails it on long duration rates staying elevated.

The politicians are failing us on spending and the bond market is starting to call them out.

In the long run this government spending charade can’t continue without consequences.

Were starting to see them now”

Of all the people, on all the TV stations, networks, radio broadcasts, Rick Santelli is the guy with the most credibility in my book.

— atryingshepherd (@atryingshepherd) October 10, 2024