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Are you aware of this in regards to the National Debt?
03-25-2014, 11:51 PM
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Warren T Offline
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Are you aware of this in regards to the National Debt?
Right now because of QE the interest rate on the National Debt held by the public is 2.4%. But the normal interest rate is 5.7%. If we were paying that interest rate on the National Debt held by the public, approximately 85-90 percent of the individual income taxes collected would go to pay that the interest.
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Are you aware of this in regards to the National Debt? - Warren T - 03-25-2014 11:51 PM
[] - 945 - 03-26-2014, 12:04 AM

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