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Is the Federal Government Debt Too High?
The average maturity of government debt right now is five years. That mean, that means the whole debt rolls over within five years if they jack up interest rates. We have almost 30 trillion of us Federal debt right now. So there's goiing e enormous pressure on the fed not to raise rates. You already are hearing bided rattling the sabre, saying that pow may not be his choice for a second term. He's basey, saying, we can't raise rates right now because of this and that. Nobody washin ever wants rates to go up, right? They want to keep these low rates forever. I don't know what the inflation pictures gang to look like