Mad Money: How to Fight the Inflation Tax
Financing the debt will become more burdensome now that interest rates have returned to their pre-pandemic levels.
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Financing the debt will become more burdensome now that interest rates have returned to their pre-pandemic levels.
High inflation breeds instability, raising the risk of both higher interest rates and recession.
We can’t return to the low-inflation, low-interest rate world; we can only go forward through the wormhole the pandemic opened.
Inflation and interest rates will have important impacts on the long-term federal budget outlook.
Debt will continue to accumulate unless reforms are undertaken.
Eleven new essays provide insights and solutions for overcoming today’s economic challenges, creating a sustainable budget and stronger future.
“This month’s improvement in the index makes it clear that voters want leaders who will improve America’s fiscal and economic future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/08/fci-press-release
“Americans’ confidence in our fiscal outlook is weighed down by deep concerns about the national debt, an uncertain economic outlook and a lack of fiscal leadership,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/07/fci-press-release
“With rising interest rates, skyrocketing inflation, geopolitical turmoil and concerns about economic growth, it’s no wonder that Americans’ confidence in our fiscal outlook is low,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/06/fci-press-release
“Six months from an important election, and as Americans face the challenges of high inflation, rising interest rates and economic uncertainty, it’s no surprise that voters are deeply concerned about our unsustainable national debt and budget outlook,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/05/fci-press-release