This in answer to an email from a friend… hi John Since all observers with common sense know that the longer the government/Fed holds down interest rates the greater the cost to fix….which must mean freeing interest rates totally, I predict that coming soon (before August 2021) to a Friday PM after the close the Fed will announce they are …’shocked, shocked’ to discover that because of rationale du jour(see below) the Fed will suspend all bond buying and let interest rates (including short term) float. I also predict that the Fed’s rationales will include at least 3 of the following…