Other People's Money

If you can get money from a. bank, pay no interest, and walk away from the debt, you are Just Like Trump.

For people like Trump, who finance their lives with debt taken against assets, very low interest rates means basically free money and no income taxes.

That would leave them no choices other than trying to take out a loan or to sell assets. With poor credit qualifying for a loan would be difficult, even with high interest rates. There are already fewer people owning homes and this would further reduce the number.

Krasnov has made billions in crypto, right? I am serious about this;

Krasnov want to crash the dollar as a pretext for full tokenization. What does that mean?

Krasnov wants to move the debt into the crypto cloud, devalue it, and start from scratch.

https://thewinepress.substack.com/p/the-great-currency-reset-how-trump

Then make the rates more exorbitant. Default on all. They come in and take everything. People are now chattle.

and do things like buy other companies or stock buy backs. When interest rates were low the last time, it was a corporate feeding frenzy. Of course this leads to high inflation when we are not in a repression and the economy doesn't need to be juiced.
It also swings savings away from safe interest bearing accounts and CDs and to stocks.
It's bad for people with savings, but great for the rich and the stock market.

Make deficit spending cheap, and yes, inflation skyrockets.

One of my credit card companies sent me an application for a cyber card. I didn't even read it so I can't comment on it.

I also know that a couple of banks are backing crypto with the dollar.

doesn't seem to know this or he does and is ignoring the other 1/2 of investors, those that save their money and put it into CDs, savings accounts, etc.

the Orange imbecile talks about the Fed and interest rates it shows how he knows nothing about economics or how the Fed functions.