Skip to content
Learning that drives better investment decisions

Tiny Interest Rate Hikes Are Painful for US Gov’t

| |

Tiny Interest Rate Hikes Are Painful for US Gov't #Fed #ChartOfTheDay

 

  • US Government pays a crazy low 1.7% interest on all its debt
  • Low rates allowed US Government debt to double with no rise in interest spending
  • But, if rates slowly double interest as a percentage of total spending would double to 10%

 

DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.

Posted in Chart of the Day