What happens when the Fed decides to raise rates

[CrusaderFrank]

Interest on Obama's debt is currently peanuts, a rounding error.

Say it's 1% on the $9T he added, that's $90B to service.

What happens during Trump's first term when they suddenly decide that it's a good time to normalize and let rates float to 4% -- interest on the Obama Debt alone now costs $360B and $720B overall

Dafuq happens then? No more obamaphones

 

[Dovahkiin]

Bond holders get their dollars when the time comes. Anyways, why would you raise rates?

 

[Dovahkiin]

Interest on Obama's debt is currently peanuts, a rounding error.

Say it's 1% on the $9T he added, that's $90B to service.

What happens during Trump's first term when they suddenly decide that it's a good time to normalize and let rates float to 4% -- interest on the Obama Debt alone now costs $360B and $720B overall

Dafuq happens then? No more obamaphones

Obamaphones didn't start with Obama, so the term is silly by the way.

 

[JakeStarkey]

No more welfare subsidies for corporations.

Smaller budgets for defense.

 

[Skylar]

Interest on Obama's debt is currently peanuts, a rounding error.

Say it's 1% on the $9T he added, that's $90B to service.

What happens during Trump's first term when they suddenly decide that it's a good time to normalize and let rates float to 4% -- interest on the Obama Debt alone now costs $360B and $720B overall

Dafuq happens then? No more obamaphones

You.....you do realize that rate changes don't change the interest paid on existing debt....right?

 

[sonic]

Interest on Obama's debt is currently peanuts, a rounding error.

Say it's 1% on the $9T he added, that's $90B to service.

What happens during Trump's first term when they suddenly decide that it's a good time to normalize and let rates float to 4% -- interest on the Obama Debt alone now costs $360B and $720B overall

Dafuq happens then? No more obamaphones

Why all of the dishonesty? You know Obama didn't add 9 trillion to the debt, and if you don't, then you're just plain ignorant. So which is it - are you a liar or simply ignorant?

 

[Dovahkiin]

Interest on Obama's debt is currently peanuts, a rounding error.

Say it's 1% on the $9T he added, that's $90B to service.

What happens during Trump's first term when they suddenly decide that it's a good time to normalize and let rates float to 4% -- interest on the Obama Debt alone now costs $360B and $720B overall

Dafuq happens then? No more obamaphones

Why all of the dishonesty? You know Obama didn't add 9 trillion to the debt, and if you don't, then you're just plain ignorant. So which is it - are you a liar or simply ignorant?

The national debt is far to small.