Why Debt Matters

by | Feb 17, 2022 | Debt, Economic Policy

 Desmond Lachman at Inside Sources: The major problem with a high public debt level is that it saddles the government with large future interest payment obligations. That leaves little room for other public expenditures and makes it difficult for the government to...

Inflation

by | Feb 24, 2021 | Debt, Economic Policy

Many posts have discussed the deficit and the debt.  Policymakers and the general public have tended to ignore these problems in recent years, in part because of low inflation and interest rates. We have not had a double-digit annual increase in the consumer price...