4min chapter

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#1241 Solo Episode | Interest Payments on the National Debt are Exploding Higher

The Pomp Podcast

CHAPTER

The Growing Problem of Interest Payments on the National Debt

This chapter explores the impact of interest payments on the national debt in the United States, comparing it to expenditure on infrastructure, education, and research. It discusses the Federal Reserve's dilemma in deciding whether to cut interest rates or not to stimulate the economy and raises concerns about the growing deficit and the need for a balanced budget.

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