15 hours ago
How ‘Financial Repression' Could Help the Government Finance Its $37 Trillion Debt
When it comes to financing our $37 trillion national debt, a dose of financial repression could be just what the doctor ordered. The Trump administration wants lower interest rates to make paying down the national debt less burdensome. The problem is much of federal debt is in longer-term Treasuries and the government can't magically lower rates on them.