Interest Rates And Auction Policy –Why The FCC Should Move Quickly On A 5G Auction.

It is a measure of how much communications policy warps my brain that my thoughts about the rise in the Consumer Price Index (CPI)¬†and the likelihood that the Federal Reserve will raise interest rates aggressively as a result have little to do with the impact on stocks, or even my credit card debt, but go directly to the impact on any future spectrum auction. Short version — nothing good. So if we needed another reason for the FCC to move quickly to schedule the next 5G Auction, the potential rise in interest rates is a good one.

 

I explain this in more detail below . . .

Continue reading