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Talk Your Book: Investing in Treasuries During a Debt Crisis
Animal Spirits Podcast
The Effect of Rates on Interest Expenses
I was looking at the actual interest expense that the government is paying, and it's gone parabolic because rates are so much higher. I just don't know how long politically that can last where people are going to say interest expense is making up a bigger and bigger part of the budget. Can we keep rates at five or six percent if that's happening? It's a good point. I guess the question would be if we drop rates though and inflation takes off, we'll have the same effect too.
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