Soper Is the Law of the Land

The goal here has always been to grind the united states and make it less and less competitive. That's why america never developed its own interest rate index for its debt under the boma administration. It was only when trump got in power, powell and became fedhar d and john williams became head of the atlant offet that soper beganen into practice. And now to day, soper is the law of the land. All the index, all the debt in the united states is index to sofa, which therefore is affectively indexed to the bed funds rate. libore has been decoupled. Stress becomes redenomination of it becomes your credit card