Contrary to conventional wisdom, higher interest rates mean more inflation in the environment today.
That’s because the federal interest expense increases as interest rates rise.
As the federal interest expense rises, so does the budget deficit.
As the budget deficit increases, so does the currency debasement needed to finance it.
https://financialunderground.com/articles/the-2024-debt-spiral-how-1-trillion-in-interest-is-breaking-the-federal-budget/
NickGiambruno / Nick Giambruno
npub1wg…se082
2024-01-23 13:23:50
Author Public Key
npub1wgjh30uxvvepumxhl3qlfzmt4chueprxmcvrxyw0wjtv9m4w8zwq3se082Published at
2024-01-23 13:23:50Event JSON
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"content": "Contrary to conventional wisdom, higher interest rates mean more inflation in the environment today.\n\nThat’s because the federal interest expense increases as interest rates rise.\n\nAs the federal interest expense rises, so does the budget deficit.\n\nAs the budget deficit increases, so does the currency debasement needed to finance it.\n\nhttps://financialunderground.com/articles/the-2024-debt-spiral-how-1-trillion-in-interest-is-breaking-the-federal-budget/",
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