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re: Can someone make a case for 0% interest rate?
Posted on 9/12/19 at 2:53 pm to LSURussian
Posted on 9/12/19 at 2:53 pm to LSURussian
No he was using it in reference to paying the interest in the federal debt. And yes that’s the chief argument against what Trump is advocating for, but no one has attempted this so no one knows exactly for sure what is possible. In Trump I trust.
Posted on 9/12/19 at 2:54 pm to OleWarSkuleAlum
quote:
No he was using it in reference to paying the interest in the federal debt
That is a fixed cost that cannot be changed.
Posted on 9/12/19 at 3:00 pm to OleWarSkuleAlum
quote:No, he wasn't. Now we know you can't comprehend written English when financial terms are being used.
No he was using it in reference to paying the interest in (sic) the federal debt.
As the other poster said, interest rates on U.S. debt are fixed for the life of the bond. And U.S. debt securities are non-callable. (Look it up...I know you don't know what that means.)
Other than you displaying your complete ignorance, this discussion is a waste of time. I feel like I'm arguing with a three year old.
This post was edited on 9/12/19 at 3:01 pm
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