Why Nostr? What is Njump?
2023-05-10 22:02:58

sophiazaller on Nostr: The federal government currently spends over $1 billion *DAILY* on interest payments ...

The federal government currently spends over $1 billion *DAILY* on interest payments to service the national debt.

Rising rates mean higher borrowing costs, forcing the U.S. into a cycle of issuing more and more (and more) debt to meet our obligations.

This is completely unsustainable.

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