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11min chapter
Can The U.S Handle High Interest Rates Past 2024? | Ben Miller
Forward Guidance
Understanding US Debt Dynamics
Exploring the dynamics of US federal debt to GDP ratio, the chapter discusses its growth trends, the role of public and private debt, and challenges common misconceptions about debt spirals. It emphasizes responsible debt management, compares historical instances like the Great Depression, and stresses the importance of a long-term perspective amidst rising interest rates.
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