What happens to the national debt if interest rates rise?

That's an easy one, just print more money.

They don't call it the great reset for nothing.

you think we can ever pay off 30 trillion?

They collect close to 4 trillion in taxes now so yeah it's doable if they allocate a chunk of that toward paying off the principle to reduce the interest payments. I figure what they will do to accomplish that is raise taxes.

the key is the difference between the interest rate and inflation

So when interest rates were basically 0 and inflation was 2%
they would be paying with money worth 2% less YOY.

Now even if rates hit 2%, inflation is at least 7% so the money will be payed back with a 5% PROFIT to the borrower.

How long can this happen, I don't know but it is.

They can only get away with so much though. With the Petrodollar being replaced and probable reserve status being replaced I doubt they can do that much going forward. The gamechanger is the soaring inflation. The US Dollar will become worthless. They only way they can slow down the exchange of dollars to lower inflation is to raise interest rates.

Those who issue the debt on preferential terms to themselves pretend to no longer want it. Oops, we issued too much. How could we have not under the circumstance? There is suffering and gnashing of teeth and after a bit the suffers clamor for the issuers to start over.

The insurers call this process "great."

The insurers are on the hook if a butterfly's wing falls into the machine and it breaks.

With stagflation rearing it's ugly head, this will become the number one issue in the upcoming elections. Pretend time is over.

"Come and I will show you a great miracle."

"Really?"

"Yes."

"For real?"

"Yes. Come and see."

"What are they?"

"They are good fruit. They multiply. If you plant but a single section of this head, it will generate an entire new head in a time. And a section of that head will give rise to an entirely new head in time. 1 becomes 6 becomes 36 and so on . . . "

"What do you do with it?"

"Well, we have been trading with the heads."

"Trading heads huh?"

"Yes. Yes. I can give you one and next year you can repay me in kind."

"Well the heads are nice, and I like the pretty colors, but they're everywhere and only becoming more so. So, I'll pass. Have you seen one of these? It is called an apple."

Just the interest would be 1 trillion dollars which if you stacked it up in one dollar bills would measure 67,866 miles. This would reach more than one fourth the way from the earth to the moon.

If they can still get credit the Repubs will finance the debt and The People will pay for it - while the Dems, oth, will tax The People and The People will pay it. And, the multi-multi-trillionaires in command will have a little laugh

Yes. I'm surprised our AA+ credit rating has not been downgraded as of yet. Here's a list of presidents and how much the debt increased under them:

Reagan increased the debt by $1.86 trillion
Bush added $5.85 trillion
Not to be outdone Obama added $8.6 trillion
Trump tried to beat Obama but added only $6.7 trillion. I'm sure given the full 8 years Obama had, Trump would have blew that number out of the water by double.
Brandon is off to a strong start managing to increase it by 1.8 in his first year.

So there you have it. Does not matter which party it is they all love to spend our money and rip us off.

nothing changes.

you are a life long debt slave.