The Financial Griot

Why Interest Rates Remain High: The Spending Problem

Episode Summary

The crew is together again. And today we discuss high interest rates and the cost of American spending. In this episode, we explore the connection between rising government deficits, borrowing, inflation, and the pressure these forces can place on interest rates. We break down the spending problem, what it means for consumers and businesses, and why borrowing costs may remain elevated.

Episode Notes

The crew is together again. And today we discuss high interest rates and the cost of American spending.  In this episode, we explore the connection between rising government deficits, borrowing, inflation, and the pressure these forces can place on interest rates. We break down the spending problem, what it means for consumers and businesses, and why borrowing costs may remain elevated.