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On the other side of the ledger we’ll be starved of interest income to the same degree... ie lowest in 50 years...Net interest costs on deficit are expected to reach as low as 1.14% of GDP in 2024, which would be lowest in 50 years @biancoresearch @USCBO pic.twitter.com/Z8etMyzPgZ— Liz Ann Sonders (@LizAnnSonders) January 7, 2021
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On the other side of the ledger we’ll be starved of interest income to the same degree... ie lowest in 50 years...Net interest costs on deficit are expected to reach as low as 1.14% of GDP in 2024, which would be lowest in 50 years @biancoresearch @USCBO pic.twitter.com/Z8etMyzPgZ— Liz Ann Sonders (@LizAnnSonders) January 7, 2021
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Mike Norman considers the following as important:
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On the other side of the ledger we’ll be starved of interest income to the same degree... ie lowest in 50 years...
Net interest costs on deficit are expected to reach as low as 1.14% of GDP in 2024, which would be lowest in 50 years @biancoresearch @USCBO pic.twitter.com/Z8etMyzPgZ
— Liz Ann Sonders (@LizAnnSonders) January 7, 2021