#美国国债 Trump expressed great dissatisfaction with Federal Reserve Chairman Powell, who is unwilling to cut interest rates, regarding the short-term debt issued by Obama and Biden. The situation is very severe:

The United States has a large amount of short-term debt maturing soon, and if interest rates are lowered by 1 percentage point, it could save $300 billion per year; if lowered by 2 percentage points, it could save $600 billion.

Comparing 2020 and 2025, we can see how much the yield on U.S. Treasury bonds varies under different Federal Reserve interest rates.

With such significant benefits, it is very difficult for Biden, after four years entangled in the U.S. federal government, to persuade the Federal Reserve to cut interest rates... The wealthy oligarchs are eager to get their share of the pie...

Government spending reaps one wave, national debt reaps another... Lending money to the government returns to their own pockets with interest... It's a fantastic business...