The U.S. has put itself on a slippery financial slope. The U.S. budget deficits and resulting debt-to-GDP ratio are headed down an "unsustainable path" if current trends continue. There is only one feasible way out of this mess according to a very concise and interesting analysis by James Gailbraith of the Levy Institute. It is for the Federal Reserve to squash interest rates, so that they yield

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