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![DataRepublican Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1320917783597625349.png) DataRepublican (small r) [@DataRepublican](/creator/twitter/DataRepublican) on x 820.2K followers
Created: 2025-07-23 12:50:00 UTC

@EricLDaugh My traditional understanding of higher interest rates was that it curbed spending via means of encouraging savings, which curbed inflation.   

But that doesn't apply anymore when our national debt is so high that interest rates have become a deficit spending driver.


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**Related Topics**
[government spending](/topic/government-spending)
[debt](/topic/debt)
[inflation](/topic/inflation)
[rates](/topic/rates)

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