“Trump is crashing the market to refinance the US debt! It’s 4D chess!” 1) That’s not how that works. 2) The US average interest rate is only 3.32% right now because so much of the US debt structure was issued on long dated instruments with low coupon when rates were nearly 0. 3) Only 3T of the 35T hits maturity in 2025. 4) If you forced the Fed to cut from 4.50% -> 3.32% to finance 3T at a lower rate, you’d save 35B/year in interest, out of 1.6T in annual interest. 5) It would also have cost the US economy at least 2.5T~ So no - it is not some genius 4D plan by your god emperor. Saving 35B by blowing up *Trillions* will not fix anything for the US. He’s just really bad at this stuff.