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Re:DOGE's Only Public Ledger Is Riddled with Mistakes by AnthonyMouse on Saturday February 22, 2025 @09:51PM (#43145931)
If you increased debt in the past, interest on the debt then becomes a recurring expense. You then have to reduce spending relative to taxes, not only to pay the interest, but to eventually pay down the principal if you ever want to stop paying the interest.
Re:DOGE's Only Public Ledger Is Riddled with Mistakes by blharr on Sunday February 23, 2025 @07:02AM (#43148684)
Eh, not necessarily. Inflation will eventually reduce the effective principal amount over time and you would stop feeling the effect of any interest