Rates at 6% Would Mean Intrest Payments of Over 1 Trillion Dollars+ A Year!!!
With Intrest rates at 6% With nearly 17 Trillion Dollars in debt would mean intrest payments would be over 1 Trillion Dollars a year!!! if you think that the US Goverment can afford those kind of payments then your just dumb and stupid it would become the biggest federal expense in the entire federal budget!
FED ben seems he can afford it. so he is still QE and ZIRP FOREVER. dont worry FED has print press to pump out $1Trillion a year, cuz Ben is already adding $1Trillion dollar/year to FED balance. dont worry, be happy. QE and ZIRP FOREVER. PARTY IN USA FOREVER!!!