31 sats \ 9 replies \ @TomK OP 7 May \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
Exactly, and then the minimum reserve regulations will be relaxed, sovereign wealth funds and banks will be forced, as you say, to take this junk onto their balance sheets and we will have opened up yet another pond for this slurry.
write
preview
42 sats \ 7 replies \ @Undisciplined 7 May
We don't have minimum reserve requirements in the US anymore.
reply
21 sats \ 6 replies \ @TomK OP 7 May
I know, but there is a minimal quota in the eurosystem left. That will be killed soon
reply
42 sats \ 5 replies \ @Undisciplined 7 May
There was shockingly little coverage when they were removed it a few years ago.
reply
21 sats \ 0 replies \ @Satosora 7 May
They dont want the people to know that they are manipulating the money to zero.
reply
21 sats \ 3 replies \ @TomK OP 7 May
the readership of the general media is so financially illiterate that our leading media could basically report on it in detail and there would be no consequences.
reply
42 sats \ 2 replies \ @Undisciplined 7 May
The writership of the general media is too financially illiterate to report on it in detail (which is why they were hired).
reply
21 sats \ 0 replies \ @TomK OP 7 May
i know what you mean. i've been self-employed in the business for over 26 years. it is indeed incredible
reply
21 sats \ 0 replies \ @TomK OP 7 May
i know what you mean. i've been self-employed in the business for over 26 years. it is indeed incredible
reply
0 sats \ 0 replies \ @Satosora 7 May
How is Sweden doing? They have that oil fund, why cant they take away from that?
reply