As it stands, the United States – and presumably the United Kingdom – plans to begin tapering QE when the economy is growing faster, unemployment is lower, and government and household revenues are rising. But will tax revenues rise fast enough to offset the escalating cost of servicing the government’s mountain of debt?
事实表明，美国——大概还有英国——计划在经济增长加速、失业下降、政府和家庭收入增加时减弱QE。但税收收入增长速度赶得上如山积的政府债务的利息增长吗？