Ben Mycelis
π€ SpeakerAppearances Over Time
Podcast Appearances
of our treasury bonds meaning countries are selling their bonds and not buying the bonds unless they get a better rate of return on the bonds which is why at the treasury bond sales they have to provide better returns on the bonds that then get locked in if the countries want to which ultimately means
your debt increases.
It also means the deficit expands.
But that's why the Trump regime is throwing trillions and trillions of dollars in debt just on the interest of the loan, because we're seeing countries less interested in buying our bonds
unless they're guaranteed a higher return.
That's why you see the yields right on the 10 and the 20 and the 30 years higher, providing more return to induce them to buy.
And that means that we have to pay more interest on those.
And so that's a consequence of when you are abruptly and in bad faith
attacking our allies in ways that aren't cooperative, in ways that are threatening, they're not going to buy American.
They're not going to invest in America.
And Trump and you can go around and say $21 trillion this, $21 trillion that.
No one's investing $21 trillion.
It's the biggest, stupidest lie imaginable.
If we had $21 trillion invested into our country, we would actually see a massive, massive job growth and massive factories going on.
Everybody with $21 trillion is a lot of money.
I mean, it would basically end any type of deficit.
We'd have a balanced budget.
Things would be incredible if we really brought in 21 trillion.
But the same way Donald Trump claims there's most favored nation provisions regarding drug prices, and that's why everybody's drug prices are so much cheaper now.
Healthcare costs are going down so rapidly, right?