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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.
Original Article: The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
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By Mises Institute
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As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.
Original Article: The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
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