☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 30 days agoWhy is the Fed quietly buying billions in bonds — and hoping nobody notices?www.marketwatch.comexternal-linkmessage-square8linkfedilinkarrow-up161arrow-down10cross-posted to: economics@lemmy.world
arrow-up161arrow-down1external-linkWhy is the Fed quietly buying billions in bonds — and hoping nobody notices?www.marketwatch.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 30 days agomessage-square8linkfedilinkcross-posted to: economics@lemmy.world
minus-squareFuckyWucky [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up7·edit-230 days 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 Like the Government saying cash is no longer valid.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 Like the Government saying cash is no longer valid.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.