3 ms·
yes that's called interest which the fed is reluctant to raise to appease the same lot in the name of improving employment.
by hawk_ 5y ago
yes that's called interest which the fed is reluctant to raise to appease the same lot in the name of improving employment.
- jl2718 5y agoYour comment made me realize something. The government is funded by taxes and bond sales. Bond purchases absorb high interest rate demand across the entire market. If there weren't any taxes, there would be higher interest rates. So taxes are what subsidizes low interest rates. We're the ones paying the interest on their loans. Now it all makes sense. Mind is blown.