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

Posted on 9/12/19 at 1:44 pm to
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 1:44 pm to
quote:

I’m going to stick with the world’s most successful businessman.
Isn't Trump the same person you actively campaigned AGAINST when you were all-in for Marco Rubio in 2015 and 2016?

And most recently, as in last month, you went all-in for Andrew Yang even supporting a nationwide value added tax and even providing a guaranteed universal basic income.

You even referred to yourself as being a member of the "YangGang2020."

You change your positions and opinions more often than I change my underwear......which is daily.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 1:47 pm to
You’ve obviously never heard of disinformation. You need to study strategy as well as economics.
Posted by DukeDevil
Raleigh
Member since Mar 2006
103 posts
Posted on 9/12/19 at 1:49 pm to
nevermind
This post was edited on 9/12/19 at 1:50 pm
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 1:53 pm to
quote:

You’ve obviously never heard of disinformation.
All of your posts are "disinformation."

Are you denying you campaigned for Rubio against Trump during the Presidential campaign?
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 1:55 pm to
No, it was disinformation. Additionally, yes I support Andrew Yang for the Democratic Party, but GEOTUS overall.
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 1:59 pm to
quote:

No, it was disinformation.
So, 'no' you didn't support Rubio over Trump, or, 'no' you did support Rubio over Trump?

You started countless threads on the Poli Board during the campaign promoting Rubio and even posted his photo in every one of your posts. You avi was Rubio.

For once, just be honest about it.

btw, you have a thread about you on the Help Board.

ETA:
quote:

yes I support Andrew Yang for the Democratic Party
So you are in favor of instituting a national value added tax and UBI?
This post was edited on 9/12/19 at 2:00 pm
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 2:02 pm to
quote:

So you are in favor of instituting a national value added tax and UBI?


Yes, unless we can transition to a FairTax + UBI.
This post was edited on 9/12/19 at 2:03 pm
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 2:06 pm to
quote:

Yes, unless we can transition to a FairTax + UBI.
I bet you consider yourself a conservative, small government type, right?

You ignored my question about you supporting Rubio against Trump. Why?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/12/19 at 2:07 pm to
I want to hear more about refinancing our debt. How would one go about doing that?
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 2:07 pm to
I am conservative but not small government.

I did not support Rubio vs trump. It was disinfo
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/12/19 at 2:12 pm to
quote:

I did not support Rubio vs trump. It was disinfo


Bruh.
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 2:12 pm to
quote:

I did not support Rubio vs trump. It was disinfo
You just can't be honest. I get it that you're now embarrassed about supporting Rubio and being a never Trumper during the campaign. But this new claim is just sad.
quote:

I am conservative but not small government.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 2:16 pm to
quote:

I want to hear more about refinancing our debt. How would one go about doing that?


In a simplified way the lower the rate he can pay off the amortization of the debt much easier. Couple that with offering a less than par when a bond matures or a restructure to a 100 year bond. That’s what I understand, but it’s obviously much more complex. I’m sure Mnuchin’s all over it.
This post was edited on 9/12/19 at 2:17 pm
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/12/19 at 2:20 pm to
How do you get rid of the bonds that are already out there? You gotta wait until they mature.
Posted by saderade
America's City
Member since Jul 2005
25719 posts
Posted on 9/12/19 at 2:23 pm to
Please tell me this an elaborate troll
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 2:24 pm to
quote:

How do you get rid of the bonds that are already out there? You gotta wait until they mature.


You tell them now you can either expect less than par payment at the maturity date or you can restructure to a 100 year right now.
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 2:25 pm to
quote:

the lower the rate he can pay off the amortization of the debt much easier.
This statement is another example of you thinking you know more than you know but you wanted to use a big word that you don't know the meaning of.

The principal amount of long-term U.S. government securities is not amortized. It is paid off in a lump-sum at maturity.

That's pretty basic stuff which a self-admitted monetary economics genius like you should know.....
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 9/12/19 at 2:26 pm to
That’s the language Trump and Mnuchin use so I’ll roll with it.
Posted by LSURussian
Member since Feb 2005
126855 posts
Posted on 9/12/19 at 2:27 pm to
quote:

You tell them now you can either expect less than par payment at the maturity date
So you're saying the U.S. government should unilaterally retroactively change the terms for repaying its outstanding debt?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/12/19 at 2:30 pm to
quote:

You tell them now you can either expect less than par payment at the maturity date or you can restructure to a 100 year right now.


Da fuq? The US Govt. is contractually obligated to those bonds. The US debt would be cut to junk status within 10 minutes.
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