To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth. — Alex Berenson

Tags: #Government, #Growth, #Invest, #AlexBerenson, #American, #Author

Mini who’s who:

Alex Berenson : American Author
Born:  January 6, 1973

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