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re: Can someone make a case for 0% interest rate?
Posted on 9/12/19 at 2:42 pm to OleWarSkuleAlum
Posted on 9/12/19 at 2:42 pm to OleWarSkuleAlum
quote:
Yes very easily. We can use it as part of a trade deal. When you have a master deal maker as President a whole new level of negotiation opens.
The other poster is right. Retroactively changing the terms of outstanding U.S. government debt would result in an immediate downgrade of the debt to junk status and would cause the U.S. dollar to no longer be considered a reserve currency.
You've finally revealed your complete ignorance.
1
Posted on 9/12/19 at 2:44 pm to LSURussian
I believe Trump and Mnuchin when they say this is possible and they have a plan. The Fed obviously doesn’t understand the high level economic theory Trump’s admin is supporting.
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