Latest / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Fiscal Dominance Is Silencing Your Savings
Lucas and Luna explore the quiet but potent mechanism of fiscal dominance, where massive federal borrowing costs begin to dictate monetary policy decisions. With the ten-year Treasury yield holding near four point ninety-six percent and total federal debt surpassing thirty-nine trillion dollars, the Federal Reserve faces a unique constraint. This episode examines how the need to keep government borrowing manageable influences interest rate choices, potentially suppressing real returns on savings accounts and bonds. We break down why traditional safe-haven assets might be underperforming in…
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