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Money Printer go BRRRR! (Yellen helps with “market liquidity”)
2 years ago
2
The treasury is now looking to buy it’s own debt. That’s right, using debt to buy debt. Why would they do this? Well, the free market doesn’t want to participate at these lower rates. 31 Trillion dollars means, the government can afford higher rates. Get ready to hear things like, unprecedented, special purpose vehicle, and prevent market disfunction as this thing falls apart and government gets more desperate.
#endthefed
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