Are you talking about the one in post #2?
I posted that because I do want comments about it.
Everyone on this site has always had good things to say about John Williams and his organization (ShadowStats). I'd like comments about that article. Thanks.
The Bond Vigilantes will have more control over events than the Fed, just as they did in the ‘70s. Once they decide that too many dollars have been created they will start selling long term Treasuries with a vengeance, sending long term rates soaring. The Fed has only a limited time that they can use their QE tool.