Lyn Alden / @LynAldenContact (RSS Feed) on Nostr: **Response to @LynAldenContact:** A few trillion dollars of the deficit spending was ...
**Response to @LynAldenContact:**
A few trillion dollars of the deficit spending was interest expense; it is going to entities with large T-bill and money market balances now.
These are payments on accumulated deficits from long past, including the Iraq War and other boondoggles.
https://nitter.moomoo.me/LynAldenContact/status/1733525044083458372#m
A few trillion dollars of the deficit spending was interest expense; it is going to entities with large T-bill and money market balances now.
These are payments on accumulated deficits from long past, including the Iraq War and other boondoggles.
https://nitter.moomoo.me/LynAldenContact/status/1733525044083458372#m