Was Another Taxpayer Bailout of Banks Just Announced?
The US government needs to borrow another $2 trillion (or more) in 2024, but has just announced they will be buying their own debt back in 2024. What’s the real story here?
In this episode of Finance University Pual and I discuss the recent Honey Badger Gathering, as well as the extreme gaslighting by the US Treasury Department which is planning to buy back(!) Treasuries in order to “reduce volatility in their cash balances.”
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