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Trump Might Want to Tank the Economy For Better Refinancing Interest rates on 1/2 Billion in His Loans Coming Due Soon (www.reddit.com)

submitted 1 month ago by FiftyFiftyOne to c/Mirror

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Trump stands to benefit significantly if the economy deteriorates because he has nearly half a billion dollars in debt coming due. Lower interest rates would ease the financial pressure on him, and the Federal Reserve isn’t currently inclined to cut rates. However, if the economy tanks, the Fed would be forced to respond with rate reductions — directly benefiting Trump’s financial situation. This explains why Trump seems unconcerned about stock market losses — they serve his greater, self-serving intentions.

Originally Posted By u/786Value At 2025-03-16 04:59:23 PM | Source

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[–] Tramort@programming.dev 2 points 1 month ago

This is not stupid enough for trump.

He doesn't understand interest rates or what control them