Peter Schiff(@PeterSchiff):If a 4.8% yield on a 10-year Treasury seems high, during the 1970s the average yield was 7.5%. During that decade the national debt averaged about $500 billion, 1/80th of its present size. Yes, inflation as measured by the now rigged CPI was higher then, but that'll soon change.

Peter Schiff

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Peter Schiff@PeterSchiff

2026.09.02 15:16

If a 4.8% yield on a 10-year Treasury seems high, during the 1970s the average yield was 7.5%. During that decade the national debt averaged about $500 billion, 1/80th of its present size. Yes, inflation as measured by the now rigged CPI was higher then, but that'll soon change.

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