• iocase@lemmy.zip
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      12 hours ago

      “So I was talking to people, very smart people, the best people, about the bond market, which is, you know, it’s a market, it’s right there, it’s a beautiful market, some people don’t know this, but it’s real, there’s a floor, there’s traders, there’s guys yelling — I’ve seen it, I’ve been there, tremendous energy, tremendous — and I said, we gotta go in. We gotta send in the — I’m thinking Marines, maybe the Guard, somebody strong — and just, you know, straighten it out. Because right now the yields are doing something, nobody can explain it, they use words like ‘basis points,’ sounds made up, sounds like a Scrabble word, and I said, if it’s a market, and it’s un-American what’s happening in there, we go in, we clean it up, like a — like a raid, a beautiful raid. And this actually — this reminds me, because there’s a very famous story, everyone knows it, tremendous story, where Jesus — good guy, great guy, maybe the greatest — he goes into the temple, and there’s a market in there, and he doesn’t like the prices, the vig, whatever they were charging, and he goes in, flips everything, tables everywhere, coins flying, unbelievable scene, and the lesson — and this is the lesson, folks, this is Biblical, you can look it up, I’m not sure you can, but you should — the lesson is: when the market’s ripping you off, you send in strength. That’s it. That’s the whole Bible right there in one story. He didn’t file a complaint. He didn’t write a letter to the — to the temple commissioner, there was no commissioner, there was just him, and a table, and boom. So that’s what we’re gonna do to the bond market. We’re gonna flip some tables. Metaphorically — or not metaphorically, we’ll see, I’ve got people looking into whether there’s an actual floor we can send people onto, physically, and if there is, boy, are those yield curve people in for a surprise.”

      Trump, probably…