$BTC Trump expressed great dissatisfaction with Federal Reserve Chairman Powell, who is reluctant to lower interest rates, regarding the short-term debt issued by Obama and Biden. The situation is very severe:
A large amount of short-term debt in the United States is about to mature. If interest rates are reduced by 1 percentage point, $300 billion can be saved annually; if reduced by 2 percentage points, $600 billion can be saved.
Comparing 2020 and 2025, we can see how significant the difference in U.S. Treasury yields is under different Federal Reserve interest rates.
With such a huge benefit, it is too difficult for Biden, entangled in the U.S. federal government for four years, to get the Federal Reserve to cut interest rates... The powerful oligarchs are all eager to get a piece of the pie...
Government spending is a windfall, and national debt is a windfall... Lending money to the government and pocketing interest... A tremendous business opportunity...