Treasury Interest Cost Will Soar Past $500B in the Months Ahead

Treasury Interest Cost Will Soar Past $500B in the Months Ahead

SGT Report - 2022-07-13 - Original post - Cached copy

by Peter Schiff, Schiff Gold: The US government increased its total debt by $69 billion in June. The average interest rate on all of that debt is also going up, a growing problem for the borrow and spend government. The Treasury Department continues to roll short-term Treasury Bills into longer-dated securities, allowing $148B in Bills […]

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