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Why is paying off debt so important when long-term interest rates are so low? For example, the yield on 30-year Treasury Inflation Protected Securities is curre
by MarkMc 9y ago
Why is paying off debt so important when long-term interest rates are so low? For example, the yield on 30-year Treasury Inflation Protected Securities is currently 0.92%. If the government sold these bonds to invest in long-term infrastructure projects, wouldn't that boost the economy enough to outweigh the increase in debt?
https://www.bloomberg.com/markets/rates-bonds/government-bonds/us https://www.bloomberg.com/markets/rates-bonds/government-bon...
- benjohnson 9y agoGovernment debt is a burden on the next generation - in that light, some consider it immoral.
- brianwawok 9y agoCool, so let's pull out of all wars and use that money to repay the debt. Win/win, right?
- Clubber 9y agoI'm fine with that and not policing the world. Money wasted.
- MarkMc 9y agoIs it necessarily a burden to have debt if it is coupled with infrastructure assets? Don't you need to quantify the debt relative to the assets in order to say whether it's a burden or benefit?