The bond market is slowly collapsing, which is scary because trump is financing more and more of our government on borrowed money. Right now it is basically where it was before the Great Recession. Normal interventions have not worked, so now the trump administration is talking about more extreme measures (high inflation and the like).
But trump says he might intervene in the bond markets with the military. It is hard to say if he does not understand what "intervention" means in this context, or if he is insane and thinks he can order the Marines to force Americans to buy bonds against their will.
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But trump says he might intervene in the bond markets with the military. It is hard to say if he does not understand what "intervention" means in this context, or if he is insane and thinks he can order the Marines to force Americans to buy bonds against their will.
Trump Suggests He Can Use the Military on Bond Markets: ‘If We Have To Use That, We Will’ - AOL
Trump was asked by a reporter whether he had directed Bessent to intervene in the bond market and what other options were on the table.
