DrJeff on Nostr: Unpopular opinion: The US debt spiral doesn’t matter nearly as much today as many ...
Unpopular opinion: The US debt spiral doesn’t matter nearly as much today as many people think it does.
Even at these higher interest rates.
Someday, it will matter very much. But we are YEARS away from that moment.
For now, it is business—nay, borrowing—as usual.
🇺🇸
Published at
2023-09-21 13:23:32Event JSON
{
"id": "ba66593e842eae912639ddbd37d8bdcfc6d272371f5498446fc0c0b409ae687b",
"pubkey": "b7996c183e036df27802945b80bbdc8b0bf5971b6621a86bf3569c332117f07d",
"created_at": 1695302612,
"kind": 1,
"tags": [],
"content": "Unpopular opinion: The US debt spiral doesn’t matter nearly as much today as many people think it does.\n\nEven at these higher interest rates. \n\nSomeday, it will matter very much. But we are YEARS away from that moment. \n\nFor now, it is business—nay, borrowing—as usual. \n\n🇺🇸",
"sig": "99b365349aed726371b65a95c45b68f850d6280973928f0a493cadb8d1fe2ebde40fc3ac1dec3695983ce7e70e57deb9c5a22b50d6669112ab0061f73dbede0e"
}