Posted on May 16, 2025
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Expect borrowing costs to nudge up.
Moody's downgrades U.S. credit rating, citing rising government debt
Posted from finance.yahoo.com
Finance
Economics
Budget
Posted 9 mo ago
Responses: 2
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A1C Medrick "Rick" DeVaney
Last Time I Recall It's Happening Was During The Clinton Administration
When The Budget Wasn't Only Balanced, But Reduced To The Point Of Having
Money Left Over.
When The Budget Wasn't Only Balanced, But Reduced To The Point Of Having
Money Left Over.
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Well, THAT Kind-a Sucks, But I Only Have A Basic Understanding Of Macroeconomics , Microeconomics, Inflation & The Causes Of Them. What I DO Know However Is To Pay On The Debt, Uncle Sam Keeps Those Presses Rolling And Printing More Money. That Alone Decreases The Value Of The Dollar Because There Are More Of Them Spread Around Creating Less Demand; Same As What Happened In Mexico Which Made the Peso Worth Next To Nothing That's Just Part Of What Happened To The 5 Cent Candy Bars And The Nickle Comic Books
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