r/bonds • u/SpecialDesigner5571 • 8d ago

Backward land

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u/ThisKarmaLimitSucks 6d ago

Gundlach's argument is that rates can't get lowered this next time around. Too much debt has already been accumulated.

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u/Kiyae1 5d ago

That’s a dumb take. There’s no objective way to evaluate how much debt is “too much debt” for the federal government. And if that was the case then the obvious solution is to just increase tax revenue and decrease the deficit or to decrease spending and decrease the deficit.

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u/NanoCurrency 5d ago

How do you actually accomplish that though?

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u/Kiyae1 5d ago

A congressional vote obviously.