☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 day agoWhy is the Fed quietly buying billions in bonds — and hoping nobody notices?www.marketwatch.comexternal-linkmessage-square8linkfedilinkarrow-up160arrow-down10
arrow-up160arrow-down1external-linkWhy is the Fed quietly buying billions in bonds — and hoping nobody notices?www.marketwatch.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 day agomessage-square8linkfedilink
minus-squareFuckyWucky [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up7·edit-223 hours agoYea, defaulting on bonds in modern floating system is equivalent to defaulting on cash. Like the Government saying cash is no longer valid. Treasuries, esp short term treasuries circulate like cash.
Yea, defaulting on bonds in modern floating system is equivalent to defaulting on cash. Like the Government saying cash is no longer valid.
Treasuries, esp short term treasuries circulate like cash.