of this. We are already in the "Mother of All Bubbles" and inflation is rearing its ugly head. Our country is so far in debt that raising interest rates to anywhere near market rates would cause the house of cards to come tumbling down.
Adding up our federal debts & unfunded liabilities leaves us with $1,588,940 per taxpayer... or over $3 million for a household where the husband and wife work & are federal taxpayers.
$30,324,000,000,000 official US debt
$168,449,000,000,000 unfunded liabilities
$198,773,000,000,000 US funded & unfunded (Medicare & Social Security) liabilities
125,097,901 US taxpayers
$1,588,940 US debt, funded and unfunded per US taxpayer
https://usdebtclock.org/