And yet, the higher the interest rate, the more money the guv owes to service that debt - which in turn, raises guv spending - causing more inflation. 35 trillion and counting. Raising the interest rates has never slowed government deficit (borrowed money) spending.

And yet, the higher the interest rate, the more money the guv owes to service that debt - which in turn, raises guv spedning. 35 trillion and counting.