2019: The Year Interest on the Debt will exceed Defense budget

Posted: April 9, 2012 in Economics
Tags: , , ,

As i was explaining in earlier posts, with the creation of money comes creation of debt that exceeds that new moneys dollar amount.

Interest on the debt increases exponentially every year, as more money is created and thus more debt is created than the year before.

We have been riding a false wave, with low interest rates for a over a decade now, BUT even with those low interest rates we will see the interest exceed 550 Billion dollars in 2019

This isnt Paying down the debt, this is JUST INTEREST



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