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Take it with OP, I'm just pointing out what he meant. Regardless - I do agree that the debt and deficit situation is getting a little out of hand. We're runnin
by zeusk 3y ago
Take it with OP, I'm just pointing out what he meant.
Regardless - I do agree that the debt and deficit situation is getting a little out of hand. We're running deficits in late cycle which is quite dangerous.
Also your [1] link is hilariously out of context from what has happened in the past year, interest rate on treasury bonds is 4+% and on bills/notes is 5+%. [2] Makes it seem like things are alright but we're in late cycle and we should be saving money for a downturn instead of taking on more debt at higher rates.
https://fred.stlouisfed.org/series/A091RC1Q027SBEA https://fred.stlouisfed.org/series/A091RC1Q027SBEA