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We've Exceeded 100%. We Have the Reserve Currency of the World
The U.S. has the reserve currency of the world, and there's an enormous amount of power that comes from that position. The United States could have had a much more aggressive and thoughtful strategy of refying by pushing out these maturities way into the future. Trump actually suggested that, but because he sounded like a goofball, everybody said absolutely no way. But in hindsight, that one move would have saved us trillions over the next decade if we had done it.