“Every 1% increase in the weighted average interest rate of the $32 trillion federal debt results in $320 billion worth of additional annual interest expense. That's equivalent to the government hiring 2 million people at $160,000 per worker per year. Or, it's equivalent to adding ten NASA's worth of annual expenditure.”

-nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a July Newsletter (definitely subscribe!)

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