X @Ansem

Monetary Policy & Debt Management - MMT (Modern Monetary Theory) suggests financing government at ultra-low short-term rates to manage interest expense as a percentage of GDP, even with rising overall debt levels [1] - The strategy aims to keep interest expense as a percentage of GDP in check [1] Economic Stimulation - The policy potentially unlocks over $12 trillion in home equity to stimulate the economy [1] - Corporations can issue floaters tied to short-term rates [1] Interest Rates & Financial Products - Home Equity Lines of Credit (HELOCs) are tied to SOFR (Secured Overnight Financing Rate), which is influenced by short-term rates [1]