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zer165 t1_j1vrzji wrote

Reply to comment by Impossible-Machine42 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway

Unfortunately, no country on Earth can service the interest on their debt above 7%, so it can never get that high. Welcome to the shitshow.

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onlyrealcuzzo t1_j1w7bz3 wrote

Sure it can.

Ask Zimbabwe.

Print a Bajillion dollars => hyper inflation => 1000% interest rates

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jrob112 t1_j1x2w2s wrote

Government spending is out of control

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