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US Treasury’s $12.5B buyback raises QE fearsm-economictimes-com.cdn.ampproject.org/v/s/m.economictimes.com/news/international/us/us-treasury-buys-another-12-5-billion-of-its-own-debt-why-the-treasurys-12-5b-buyback-is-raising-qe-questions-as-us-bank-reserves-drop/amp_articleshow/125935854.cms?amp_gsa=1&_js_v=a9&usqp=mq331AQGsAEggAID#amp_tf=From%20%251%24s&aoh=17656812372785&csi=0&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fm.economictimes.com%2Fnews%2Finternational%2Fus%2Fus-treasury-buys-another-12-5-billion-of-its-own-debt-why-the-treasurys-12-5b-buyback-is-raising-qe-questions-as-us-bank-reserves-drop%2Farticleshow%2F125935854.cms
105 sats \ 1 reply \ @spiderman 4h
What's there to fear? Is not that why we bitcoin and gold?
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0 sats \ 0 replies \ @TNStacker OP 4h
Stack Sats and stay humble 🫡
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26 sats \ 1 reply \ @coinfabulator 6h
The US Treasury typically issues tons of bonds, bills, and notes to fund the government. This sounds like some technical thing. If they did lots and lots of buybacks, this would mean that somehow the deficit had gone down and turned positive to a surplus. This would reduce overall debt, which would be a good thing.
Now, the Fed (Federal Reserve) is the US Central bank. When they buy bonds, bills, or notes, they are doing Quantitative Easing (QE). They recently did purchase 40B of short term T-Bills (less than a year). They claim it's not QE, which usually involves longer term Notes or Bonds. Regardless of what you call it, it increases the money supply and reduces short term interest rates.
So watch what the Fed does for QE, not the Treasury. QE, or Baby QE, or QE Lite is happening.
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0 sats \ 0 replies \ @TNStacker OP 4h
QE baby!
Stack harder.
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