“First of all, you never have to default because you print the money, I hate to tell you, OK?”
“I said if we can buy back government debt at a discount, in other words, if interest rates go up and we can buy bonds back at a discount – if we are liquid enough as a country, we should do that,” Trump said. “In other words, we can buy back debt at a discount.”
I do not endorse this article, but I want to get people’s thoughts on this
I wish it had gone into detail about just how bad Trump’s ideas are.
https://www.cnn.com/2016/05/09/politics/donald-trump-national-debt-strategy/index.html
“First of all, you never have to default because you print the money, I hate to tell you, OK?”
“I said if we can buy back government debt at a discount, in other words, if interest rates go up and we can buy bonds back at a discount – if we are liquid enough as a country, we should do that,” Trump said. “In other words, we can buy back debt at a discount.”