>>60521896I was wondering about this.
Tariffs are inflationary and their impact is not quite clear yet. If they turn out to be more inflationary, the fomc will have to raise rates. However, this is not the 80s anymore and the amount of debt is astronomical. What % is the breaking point for the treasury? If 60%, 70%, 80% of tax revenue theoretically goes to interest? Methinks the true ceiling might be lower by far, perhaps even 8% will simply break the dollar. So IF tariffs are more inflationary than expected, shit may hit the fan. Big if true, I know.