Stacey Vanek-Smith

speaker
2,095 appearances 7 recordings 1 series first heard Jun 2026 last heard 19 Sep

Stacey Vanek-Smith’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Sep OctJan 26AprJulnow

Recordings per month over the last 12 months — 7 in all, peaking in Sep 2026 with 2.

Appearances

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Why is this different?
I mean, what is different about these loans or these bonds, if anything?
So competition, this is one reason that bond yields, aka interest rates on loans, are going up.
There are other reasons, though, too.
What are some of the other reasons?
Why else are we seeing bonds go up?
Billions a week.
It's crazy.
Trillions
The amount of money that we spend every year paying down our interest rate payments, servicing our debt is now bigger than the amount of money we spend on defense.
So a lot of the money we borrow is now going to pay off the interest on money we already borrowed, which is a whole thing.
But why is that a problem?
So, OK, we're running a ton of debt or we have a big deficit.
Why does that make us have to pay a higher interest rate on the money that we borrow our country?
I might be losing the jargon jar competition, but go ahead.
But we're the biggest economy in the world by a lot.
But what's the end game here?
What's the worry?
It's like, so we owe a lot of money, and so what?
Yeah, I think 25% of the money the federal government spends comes from bonds.
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