Q: Hi,
How are the very large gov't deficits ($3T + US / $300B + CDA) being financed at such low interest rates. I understand the FEDs are buying a fair share but how can this be sustainable long term? How can private investors accept long term rates lower than inflation? I know this coul fill a book. Your general comments are appreciated. Thank you!
How are the very large gov't deficits ($3T + US / $300B + CDA) being financed at such low interest rates. I understand the FEDs are buying a fair share but how can this be sustainable long term? How can private investors accept long term rates lower than inflation? I know this coul fill a book. Your general comments are appreciated. Thank you!