government debt

Study Tests Claims of Republican Candidates’ Debt Plans Newt Gingrich is the biggest budget-buster. His plan would increase the debt by $7 trillion over baseline (the baseline here means the amount that debt is already projected to increase under current policy). Rick Santorum's plan would...

Must be bond vigilantes! Oh Noes! Could it have something to do with high inflation? Like inflation over 5% when these securities pay less than 4% interest? Could be. Oh, uh, in case you were wondering which government, see here.