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Is that cheating though?
Buying your own bonds, it will just bring the value of the US dollar down even faster.

The US has been buying their bonds in one way or another for 100 years. While other countries use a central bank the US does it via the Fed and bond purchases

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Everything they do is cheating.

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They could cheat and manipulate a little less obviously.

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Why go through the effort, when no one seems to care anyway?

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