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The fact he called Ty small says all I need to hear. That is an atrocious take. He moves extremely well for the absolute monster of a human he is. Anything but small lol
Of course short dated debt carries less risk - duration. But when the only place for interest rates to go is up, especially when money printer is going full brrr, why would you not lock in your debt obligations for an extended period?
I’m not going to purchase a home and try to pay it off over...
Come on. You seem like a pretty smart guy and obviously are Dem but you can’t honestly be that willfully ignorant. I don’t see how there is any defense of that decision. Literally the only explanation was that it was for her own political parties self interests. Economically, it made no sense.
Lol no. What were the "future short dated expectations"? I'm not even sure I entirely know what you are saying.
Hmm. Basically 0% interest for 2-years or 1.5% for 30 years. Lmao. No one with any sort of brain seriously thought when those 2-year bonds matured, rates would still be...
Wut? Rates were next to ZERO when she did this. Yes, the rates for long-term debt are higher but they would've have been EXTREMELY marginal. Basically every single corporation in america re-financed their debt but our Treasury secretary didn't think that would be a good idea?
What's happening right now is entirely about tariffs. Yellen has nothing to do with that. Our massive amount of debt that is coming due she has everything to do with.
Wut? She literally chose to lock in debt at interest rates next to zero for 2 years and she could've done it for 30. I'm not sure how much more retarded a person can be.