To: tcrlaf
I wonder the effect raising rates would have on the national debt. Admittedly I am not an expert on how the interest portion of that debt works.
2 posted on
08/12/2015 9:05:46 PM PDT by
The Ghost of FReepers Past
(Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
To: The Ghost of FReepers Past
Higher interest rates make debt grow exponentially.
L
4 posted on
08/12/2015 9:07:52 PM PDT by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
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