Trump Just Said Something about the U.S. Debt that Nobody Wants to Say… And It’s Got Some Americans Very, Very Worried…
Trump is a businessman who understands debt. In fact, he calls himself “The King of Debt.” So when he talks about the mountain of U.S. debt (currently over $19 trillion!) it pays to listen.
To keep Washington running, the U.S. must keep borrowing at faster and faster rates. And, in order for this to be possible, interest rates MUST remain low.
This is why Trump has said that he’s in favor of continuing the Fed’s low interest rate policies, telling CNBC that without them, “We’re going to have some very major problems.”
How Would President Trump Handle the U.S. Debt?
According to Trump, he’d do the same as his predecessors: Print more money.
“People said I want to go and buy debt and default on debt… these people are