Treasury collect edabout 80 billion in bank taxes per year over seven years for a 3 trillion dollar loan. That comes to 2.6% per year folks, not cheap. In fact, that is typically what we have paid over the last ten years on past debt. Do the calculations, folks, take total interest payments divided by total debt and the number is about 2.5%.
There is a lie floating around that when the Fed collects taxes it is somehow free. Complete, ignorant horse manure. r > g for government, has been for the last 20 years, if not longer.
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