u/One_Mega_Zork

33% of all current government debt needs to be refinanced due to expiration of terms. Currently all bond markets have higher rates than the average rate of the current 39 Trillion dollar debt.

Because inflation is rising on higher energy costs 4 FED chairmen dissented and wanted to raise rates. But Raising rates will be a disaster for everyone increasing the payments on the debt by the US Government. Conversely, cutting rates to make debt more manageable is inflationary.

Quite a fucking pickle we are in!