FastSaying
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
Bonds
Capital
Competing
Corporate
Could
Deficits
Economic
Economic Growth
Finance
Government
Growth
Interest
Interest Rates
Invest
Investors
Long-Term
Must
Otherwise
Raise
Rates
Sell
Stocks
Used
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