> But this has much more to do with the unlimited printing of debt (the real story) than the IRS market swap spread
I don't get how U.S. debt is the driving factor. The rate of federal net debt growth has actually been slowing over the past ~3 years as the federal deficit has shrunk, i.e. the arrow is pointed in the right direction.
I don't get how U.S. debt is the driving factor. The rate of federal net debt growth has actually been slowing over the past ~3 years as the federal deficit has shrunk, i.e. the arrow is pointed in the right direction.