• ScoffingLizard@lemmy.dbzer0.com
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      16 hours ago

      Wealth is about resources and assets. You also don’t need bonds to be rich, and you don’t need treasury bonds to own debt.

      Wtf would an 80 year old want bonds anyways? Unless they are maturing soon.

      • moldy_rice@piefed.keyboardvagabond.com
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        14 hours ago

        He became a billionaire in his presidency.

        He isn’t doing this for him. He inherited millions from his father, and he leveraged it (with crime) to turn it into billions for his children.