re: Can someone make a case for 0% interest rate?

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I may not have complete command of modern monetary theory (although it is superb), but Trump and Mnuchin do.

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This is so stupid. I'm sorry. I don't even necessarily disagree with you as much as everyone else on this board, but - This. Is. Stupid.

Trump, prior to being President, "believed" the EXACT OPPOSITE of what he currently "believes". The only thing he has complete command of is the narrative.

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ETA: Forgot to mention Trump can restructure our debt in that case and prolong the maturity dates 50 to 100 years. That would save us trillions. Trump knows what he is doing here.

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FML, consider what the hell you're saying... 1) Sell Long Bonds 2) Interest Rates Rise 3) Debt Based Economy implodes. Who is buying the bonds anyway? It's just kicking the can. Rock in a hard place. This is so frustrating to explain...

Repeat after me: "Interest Rates Can't Rise."

If interest rates go higher, you'll see a Q4 repeat. On steroids. If we had buyers for long bonds, why didn't we refinance everything in Q12017??? Or why didn't Obama do it (since MMT is so smart) when interest rates were at 0%?

*steps off soapbox, DV away*