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<p>[QUOTE="re-collect, post: 2161961, member: 73721"]The debt is the main reason the Fed brought interest rates down to almost zero. With the economy taking a major slump in 2008, the Federal Government had little choice but to ramp up deficit spending, so the Fed rates allowed the government to borrow money for next to nothing. The worrisome part is that as the economy has grown, the Federal Government is still borrowing, although at a slower pace.[/QUOTE]</p><p><br /></p>
[QUOTE="re-collect, post: 2161961, member: 73721"]The debt is the main reason the Fed brought interest rates down to almost zero. With the economy taking a major slump in 2008, the Federal Government had little choice but to ramp up deficit spending, so the Fed rates allowed the government to borrow money for next to nothing. The worrisome part is that as the economy has grown, the Federal Government is still borrowing, although at a slower pace.[/QUOTE]
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