Opinion: A 50-year bond is a great idea from the Trump administration

[McFurd]

Marketwatch - 2/24/2017 - Rex Nutting - At last, some good might come from having all those Wall Street wheeler-dealers in the Trump administration: Someone might be using his business know-how to save the taxpayers a bundle, instead of using them to enrich himself or the rest of the elite. Treasury Secretary Steven Mnuchin — a former partner at Goldman Sachs — said Thursday that the government is considering locking in today’s ultralow interest rates for an ultralong time. Over the next 50 years, this idea could save the taxpayers hundreds of billions of dollars in interest expenses. read more @ http://www.marketwatch.com/story/one-of ... 2017-02-23