BREAKING: President Trump says higher US inflation will "pay off" US debt "very rapidly" in response to total US debt rising above $40 trillion.
"I know I'm the best in the world... you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this," Trump said.
US Treasury yields hit a new high of the day after the statement.
@MichaelPBento I can't find Al Jazeera's reporting for this. The one article they did publish today seems to be referring to other reporters hearing things.
@Nob0dyIsTheKing@MichaelPBento Zweig was more concerned with the second rate hike, when the rate was < 8%. The question is whether our current debt load can handle where things are now.