[Major Matt Mason]

I remember Rush mentioning during the Clinton years some risky manuever related to bonds (I think) that Rubin was doing to make the economy seem better than it was (or something like that). I remember him saying that, as long as the economy was good, no one would be the worse for not knowing. But, if the economy ever worsened, it could get real bad because of this risky manuever. I wonder if any of this is related to what Rush was talking about lo those many years ago?

[Neidermeyer]

I remember Rush mentioning during the Clinton years some risky manuever related to bonds (I think) that Rubin was doing to make the economy seem better than it was (or something like that).
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That was the bonds indexed to inflation ... like a variable rate note... you got the inflation rate plus x % ,, as long as inflation stayed low the gov’t made out... of course it helps that the gov’t has the ability to fudge inflation numbers by excluding inflationary items like food and energy..

[ninonitti]

I wonder if any of this is related to what Rush was talking about lo those many years ago?

IIRC it involved manipulation of the short and long T-bill or bond rates but that was at least 10-12 years ago.

The image of unexploded mines comes to mind thinking about it.....buried long along but still lethal.

The irony of of seeing Rubin's legs blown off by them is too rich