I am pleased to be considered a 'denier' in this cause if this puts me in the class with those who defied prevailing 'scientific consensus' that the earth was flat and that the earth was the not the center of the universe. ↗
A friend of mine had this great theory about the Teletubbies, that it's preparing us for being mindless. And getting us ready for living in an underground world. That's why the scenery is so flat. ↗
There are a lot of people out there who are just waiting that we fail. They brought up the theory that we're one-hit wonders and they want us to fall flat on our noses, just to prove them right. ↗
They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up. ↗