Stories >> Economics

Allison Schrager: We’ll All Pay for Uncle Sam’s Cheap Debt Fantasies

By financing ballooning spending with short-term debt, the government failed to lock in record-low interest rates while it could. Now the piper has come to call. All the talk lately about the size of the national debt is obscuring the real problem: The US government made the wrong bet on interest rates, and that will cost taxpayers for years

Click to Link

Posted: December 6, 2022 Tuesday 06:30 AM