JUST TO GIVE YOU AN EXAMPLE RE THE FED 6% IS 1% MORE THAN PKETTY SAYS

RETURNS TO CAPITAL HAS BEEN RUNNING, ITSELF UNPRECEDENTED, HE CLAIMS,  FOR THE PAST 2 OR 3 HUNDRED YEARS.

An ostensibly riskless 6% a year, in perpetuity, is rather unheard of, isn't it.