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Interest rates will rise, and we cannot buy our way out of that

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“The era of free money is coming to an end,” said the Treasury Secretary-General. John Hogan spoke before the Dáil Public Accounts Committee on Thursday and his comments were received with no visible dismay from the assembled MPs.

Ogan noted that the state’s debt reached almost €240 billion at the end of last year, up €20 billion from 2020, with a further rise likely this year.

https://www.independent.ie/opinion/comment/interest-rates-will-rise-and-we-cant-buy-our-way-out-of-that-41626102.html Interest rates will rise, and we cannot buy our way out of that

Fry Electronics Team

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