Washington is spending $1.2 trillion a year just to pay interest on the national debt. Instead of making tough choices and cutting spending, politicians are trying to bully and hijack the Federal Reserve into cutting rates.
But here’s the problem: the Fed doesn’t actually control long-term rates. The bond market does. And every time the Fed tries to manipulate rates, the only real tool it has is printing money — which means more inflation, more asset bubbles, and a weaker dollar.
This is the hidden danger no one in Washington wants to talk about.
#FederalReserve #InterestRates #DebtCrisis #Inflation #USDebt
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