Every 1% rise adds hundreds of millions to the 10s of trillions...

Every 1% rise adds hundreds of millions to the 10s of trillions of government debt each year. Aside from that there is all the private debt that is loaded to heights that can't be seen from the ground.

The Fed might dip their toe in with a couple of little hikes, but that would be it I reckon. We will see.

Rates will remain relatively low in perpetuity, at least, until the demise of the US Dollar.

Markets are hypersensitive now, blood on the streets if they hike hard and fast, and to exacerbate the situation we are in a recessionary environment anyway.

In my opinion they shouldn't consider touching rates until the Covid pandemic is well and truly over as all the economic metric instruments are farked at the moment like a compass in the middle of a large magnetic field.

Inflation is here but something perhaps to endure until the Covid pandemic is over.