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To: major-pelham
Trump is calling for bonds to fund infrastructure development - you know, private money? income? retirement of debt?

Let's work together on this. 

Raising money by selling T-bills is borrowing.  Now, my first wife used to say that if we're broke we can always buy stuff w/ our credit card but eventually I found out that I still had to pay the credit cards for every penny borrowed plus interest. 

<<<This is what us tax payers have been paying every year on federal interest.

The current quarter $T is every bit as high now w/ near-zero rates as it was a decade ago when T-bill rates were 6%.  President Trump will be having to come up w/ $trillions for his interest payments.

67 posted on 08/04/2016 8:08:12 AM PDT by expat_panama
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To: expat_panama

You are missing the point entirely. Not t bills. Not government debt. Bonds bought by private investors. Proceeds to finance infrastructure capex. With user fees like tolls. With payments. With liens on the revenues. On a massive scale like $2 trillion.

Watch this. http://video.foxbusiness.com/v/5069657208001/would-trumps-infrastructure-plan-work/?playlist_id=933116618001#sp=show-clips

it’s genius and im buying the bonds when i get the chance


69 posted on 08/04/2016 8:23:21 AM PDT by major-pelham
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