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Forgive me if I defer to the bond market and treasury auction data. The data shows a path to a potential debt spiral and crisis based on yields demanded and deb
by toomuchtodo 3mo ago
Forgive me if I defer to the bond market and treasury auction data. The data shows a path to a potential debt spiral and crisis based on yields demanded and debt outstanding. Current annual debt servicing expense is already ~$1T/year.
https://www.pgpf.org/programs-and-projects/fiscal-policy/monthly-interest-tracker-national-debt/ https://www.pgpf.org/programs-and-projects/fiscal-policy/mon...
- JumpCrisscross 3mo ago> Forgive me if I defer to the bond market and treasury auction data TIPS are Treasuries. The breakeven-inflation rate is calculated entirely from Treasuries. > data shows a path to a potential debt spiral and crisis based on yields demanded and debt outstanding Sure. The data also–unambiguously–show that Treasury prices are not pricing in a U.S. default or runaway inflation.