The Fed Funds Rates Are Going to Be 7% Everyone's Not for Even Thinking Anything About Two.

The idea of throwing as you put it so eloquently throwing gold out on the yield curve a by the way a phrase I had never heard before. It is the way to get back to a reasonable to start. You have to rebuild the confidence in the institutional systems and the way you do that is you say look we can't afford to refinance the debt, whatever the terminal rate on the Fed funds rates going to be.