The U.S. debt clock is ticking toward $40T. Net interest payments now officially cost more than the entire defense budget. It is not a matter of if we hit $40T; it is already a certainty. This is the reason Trump wants a "yes man" at the Fed. Just imagine: instead of paying 3% or 4%, what if the interest is hammered down to 1%? It saves the government a shitload of money in the long run. Guess what assets go up when interest goes down?(Lark Davis)