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54 sats \ 0 replies \ @clr 13 Jun \ parent \ on: Yellen says U.S. debt load is in 'reasonable place' if it remains at this level econ
During the 2024 fiscal year, net interest costs on the debt have totaled $601 billion — more than the government has spent on health care or defense and more than four times what it has laid out for education.
Regardless of whether they keep rates 'higher for longer' or they lower them, all roads lead to the money printer going brrr.
I wonder how people still believe in the system.
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