To: frogjerk
I’m not an economist but that graph is insane. And we can’t raise interest rates like the early 1980s’ or all our tax money will go to servicing the debt (remember Ross Perot screaming about our debts in......1992?)
To: packagingguy
we can’t raise interest rates like the early 1980s’ or all our tax money will go to servicing the debt Not true if inflation lasts less than 2 years. Most of the national debt is in long term bonds. Those pay the same low interest until maturity. Only NEW debt will require higher interest rates.
To: packagingguy
There's always that $2 trillion $20 trillion $200 trillion coin they can mint.
13 posted on
05/18/2022 5:26:44 AM PDT by
Justa
(If where you came from is so great then why aren't Floridians moving there?)
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