by AD ➕follow (1) 💰tip ignore
« First « Previous Comments 4 - 6 of 6 Search these comments
Since 2020, the Fed has monetized most debt issued by the US government, too.
This will change the equation on what is 'too much debt' for the US.
https://www.thebalance.com/interest-on-the-national-debt-4119024
GAO is urging caution as far as rising interest rates impact on future debt in its May 2022 report.
https://www.gao.gov/blog/larger-federal-deficits-higher-interests-rates-point-need-urgent-action