I'm not a finance guy, so I will defer to others who are, but we are in trouble with our debt, and I have read that we should restructure it into long term, lower interest debt instruments, and only then raise rates to manage the dollar and the economy.
I would invite anyone with a finance background to comment on whether this makes any sense at all.
Obviously I'm trying to give you a non-partisan, genuine answer. We'll see if this just devolves into insults.
Yes, but only to allow refinancing of the national debt into longer term structures.
Replies to: "Yes, but only to allow refinancing of the national debt into longer term structures."
- Do you agree with Trump's pressure on Jerome Powell to lower interest rates? - Quest4twelve - 9:48am 4/18/25
(7) [View All]
- No. Trump's actions alone turned a strong economy & markets to shit. He's angry Powell didn't lie - ND521 - 1:50pm 4/18/25
- Yes, but only to allow refinancing of the national debt into longer term structures. - NedoftheHill - 10:58am 4/18/25
- My concern is this is not the reason why Trump wants to interest rates low [NT]
- Quest4twelve - 1:15pm 4/18/25
- Fair enough. [NT] - NedoftheHill - 3:30pm 4/18/25
- My concern is this is not the reason why Trump wants to interest rates low [NT]
- Quest4twelve - 1:15pm 4/18/25
- Pressure is fine. If he tries to get rid of him, that’s different. - Chris94 - 10:58am 4/18/25
- Most Rs caved to the bully tyrant. Powell, who is doing a very good job, did not. [NT] - ND521 - 1:54pm 4/18/25
- I agree. I like Joe Rogan or Tucker Carlson to succeed him. Mango has a right to air his views - Frank L - 12:10pm 4/18/25