Detailed text transcripts for TV channel - FOXNEWS - 20110522:18:06:00
Bernanke says that it will end up just as you suggest it will end up costing the u.s. more even if you pay the debt it is going to end up costing the u.s. more to borrow from other countries which will only increase the deficit and filter down into higher interest rates when you want to get a new home, take out a mortgage or get a new car loan. >> he is absolutely right. but i also think raising the debt ceiling is also going to be a negative against market companies. they are caught between a rock and a hard place quite frankly now and the reason they got between this rock and a hard place th...
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