1. Will Inflation and Growth Solve the Deficit Problem?

Inflation Is Getting Back to Normal      
"Interest Rates Usually Follow
High Leverage Often Slows Growth     

Borrowing Increases Interest Rate and Refinancing Expense
Growth and Inflation Been Slow to Help but
Exorbitant Dollar Privilege Continues

More Long-Term Economic Question
   2. Will Debt End U.S. Capitalism?   3.
Jobs Loss to AI Growth   4. Dollar Privilege Continuation   5. Disposition of Illegal Immigrants

   Created 7/22/18   Please link to ,use as textbook/supplement, and Please 


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Lack of Inflation Is Not Helpful

Fed Warns About Coming Spike in PCE Inflation




"Interest Rates Increases Usually Follow Inflation

Junk Bond Market Still in Total Denial, Fighting the Fed 4/18/18 
See Why Interest Rates Are Rising



High Leverage Usually Slows Economic Growth
Increasing Interest Rates Will Lower Existing Debt Market Value
Make Refinancing More Expensive


More Federal Borrowing Increases Interest Rate
and Refinancing Expense
for Many



Predicted Low Growth and Low Inflation
Predict High Relative Debt



High Deficits During Low Unemployment Is Unusual



Tax Cuts During War Also Unusual



A Bumpy Road Ahead For The Global Financial System