He can set it to zero and it won’t do shit, since the big issue is tariffs and deportations combined with austerity on real economy. Interest payments on treasuries acts as a stimulus, even if it goes mostly to the rich. Take that away its one source of income for the non-Government sector gone, it’ll slowly go down as newly issued debt pays low interest.
He can set it to zero and it won’t do shit, since the big issue is tariffs and deportations combined with austerity on real economy. Interest payments on treasuries acts as a stimulus, even if it goes mostly to the rich. Take that away its one source of income for the non-Government sector gone, it’ll slowly go down as newly issued debt pays low interest.