So we've got $3 trillion hitting the markets instead of a half a trillion. Plus we've got another half a trillion coming off the Federal Reserve balance sheets back into the markets. We've gone from a half a trillion dollars in government debt a year from the US government to three and a half trillion dollars of government debt a year going into the market. So that's doing two things. One is the treasury rates are always the foundational rate for how much money costs. (46:13–46:25)
CLAIM
Asserts that the annual government debt has increased from half a trillion to three and a half trillion dollars.
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