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Message: <blockquote data-quote="vantexan" data-source="post: 5764223" data-attributes="member: 24302"><p>When we had high inflation in the late 70's the U.S. government financed its operations with long term 10 and 30 year bonds.  But due to all the money printing and erosion of the Dollar long term bonds with lower yields are no longer in favor.  Countries and individuals investing in them lose money.  The Federal government today is being financed with short term Treasury bills.  Allows taking advantage of rising interest rates while not getting too hurt by inflation.  Also means the servicing of our debt has almost tripled in the last two years.  We are on borrowed time as the debt increases.</p></blockquote><p></p>