How much is currently financed at high interest rates?
“How much is currently financed at high interest rates?”
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I don’t know; probably very little. That’s why I think it IDIOTIC for someone to replace his boast that “I’ll pay off the national debt in 8 years” with “well, I’ll refinance it”. He must be IGNORANT of the fact that the Treasury Department has whole staffs who primary job is to do just that. And He puts it out there as if it is an original idea that he will implement and solve/mitigate the national debt problem. The MAGNITUDE & BREADTH of his ignorance is stunning.