re: Interest on the debt is 60% of the Amount taken in by the Treasury in February

quote:

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The Federal Reserve has about $7 trillion in Treasury Bonds they purchased with printed money

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Yea, alot of that was covid in 20-21. The money supply went way way up. There is usually an 18 to 36 month lag between that and inflation.

Since then they have been restricting the money supply. But that can't continue.