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Episode 156: The Government’s Rosy Outlook

Words & Numbers

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The Federal Reserve Is in a Situation Where It Cannot Rake Interest Rates

The U.S. debt currently stands at about 23 trillion dollars, according to the CBO. In 10 more years of this, it will be mathematically impossible to pay it off, says CNN's John Sutter. The federal reserve is in a situation where it cannot raise interest rates, he adds.

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