Uncle Sam Wants You: Treasury Depends More on Domestic Bond Buyers
newsare.net
Keep in mind, the Fed can simply monetize the debt, if enough suckers/bond buyers can’t be found. This is similar to check kiting, but since it involves trillions of dollars, they came up with a more innocuous sounding term for the practice: Open MarketUncle Sam Wants You: Treasury Depends More on Domestic Bond Buyers
Keep in mind, the Fed can simply monetize the debt, if enough suckers/bond buyers can’t be found. This is similar to check kiting, but since it involves trillions of dollars, they came up with a more innocuous sounding term for the practice: Open Market Operations. Read more