In a pair of tweets, US President Donald Trump urged Fed to cut interest rates down to zero or less. And the US government could then start to refinance its debt. He complained again that it’s only “naivete” of Fed chair Jerome Powell” for not allowing the US to pay lowest interest rate.
He said The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet. The USA should always be paying the the lowest rate. No Inflation! It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing. A once in a lifetime opportunity that we are missing because of “Boneheads.”
