CONTINUING THE SENIOR SQUEEZE: The Fed Holds Steady. So what would interest on the federal debt be if rates rose to historical averages? I suspect it would be unsustainable, and I suspect that’s why the Fed’s holding rates down — at least until there’s a Republican president to be the fall guy. Hey, Trump’s a bankruptcy expert . . .
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.