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The additional taxes needed to pay the interest on the public debt reduce incentives to work, save, invest, and bear risks.
Interest-earning Account
A bank account that provides interest payments on the cash deposited into the account.
Annual Rate
The percentage return on an investment or rate of interest per year, not accounting for the compounding of interest within that year.
Annual Withdraw
Annual Withdraw refers to the amount of money that is taken out of an investment or savings account each year.
Rate Of Return
The upturn or downturn in investment value over a pre-defined period, cast as a percentage of the cost at investment inception.
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