Just to recall some basics on the relationships between interest rates, prices and yields. View the illustration.pic.twitter.com/WeocLwtQCM
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Just to recall some basics on the relationships between interest rates, prices and yields. View the illustration.pic.twitter.com/WeocLwtQCM
We pay 450 billion annually in interest on our debt before the tax break occurred. Over 8 years that is 5 Trillion. Only an extra 2 trillion from tax breaks? On average for the last 15 yrs we have created about 1.2 Trillion dollars in new debt each year. https://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm …
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