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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game

The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
Nov 21, 2023 · 7m 39s

As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable...

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As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was. Original Article: The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
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Author Mises Institute
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