No-one Pays the Federal Debt

21st Century Approach

Modern Fiscal Policy Rolls Debt Forward in Peacetime
FED Managed The Federal Spending

Federal Debt to pay for WW2 had little effect
on Mom and Dad who died in their late 80's.
Their Four Children, now all in their 80's, were not effected.
If politicians let the Federal Reserve roll debt forward slowly,
my brothers 8 kids, now in their 50's, will not be effected.

Monetary Fiscal Policy.

Government borrows to spends
FED keeps interest rates low to expand growth,
and if necessary, buys debt to keep interest rates low
 to maintain growth.

We Just Grow it into Insignificance

21st Century Could Be Different
Great Recession Plus COVID Over 15 Years Have Not Let
Inflation and Growth to Soften the Cost and
Interest Expense Could Go Much Higher

A Market Prediction