Why on earth would Trump let rates rise? Just put in soft money people at the fed, help manufacturing, have the fed buy all the paper Fannie and Freddie put out if the Europeans with their negative interest rates don’t want it.
This could lead to inflation and a weak dollar maybe, but that just cuts the real value of Trump Org’s big pile of fixed rate debt.
Here the personal and political interest of Trump and soft money Democrats plus industrial unions all align.
