[867V309]

Pardon me, but with umpteen trillion of debt, how can you raise the interest on that debt?

[Glad2bnuts]

What? we can’t afford to pay a Trillion a year just on the interest?

[rbg81]

Pardon me, but with umpteen trillion of debt, how can you raise the interest on that debt?

---

And there you have it. Trump is partially right (about protecting Obama). But the bigger reason for keeping interest rates at zero is protecting the Entitlement State. If rates rise much, then the US deficit becomes un-affordable and the Entitlement State will collapse. Of course, who is paying the bill for all this? Savers, who are not getting any interest on their hard-earned savings.