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Your comment made me realize something. The government is funded by taxes and bond sales. Bond purchases absorb high interest rate demand across the entire mar
by jl2718 5y ago
Your 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.