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Political Discussion
Reply to "dollar national debt interest"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We live in a world where the US debt doesn't matter because the fed just prints money to pay it.[/quote] There's certainly no risk of default, but monetary policy intended to curb inflation tends to hit the working class hard.[/quote] No, the monetary policy of every administration first and foremost has been to keep the music playing. That causes anomalies like the inverse yield curve, where investors are getting higher yields on short-term bonds than long term bonds Where in the world does putting money in a short term investment yield a higher interest rate than a long term investment, all other things being equal since we are discussing just treasuries?[/quote]
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