Quote:
Originally Posted by dyna mo
speaking of the debt and interest, this graph (based on actual data from the fed gov, shows interest on debt dropping dramatically(below 2006 levels) from 2009-2010
it also shows entitlement programs are as expensive as the military
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They are manipulating the numbers. The reason it appears to be dropping is because at the moment the Fed isn't charging interest on "current borrowing". And hasn't been doing so. The just make up the difference in inflation (the hidden tax)
The actual interest agreed in writing on the debt by the US congress is around 6% a year no matter what they are "currently" charging.