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47 sats \ 2 replies \ @bitcoingraffiti 15 Sep \ parent \ on: Fiat Ponzi: The week of the central banks econ
The government makes the debt. The Fed just buys their treasuries. Lowering interest rates just means they're gonna buy more of it.
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149 sats \ 1 reply \ @TomK OP 15 Sep
There's still immense hunger in the world to get more us colateral. Don't underrate that
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47 sats \ 0 replies \ @bitcoingraffiti 15 Sep
Not really. The fact that the Fed lowers the rate is evidence of relative low demand. There's not enough buyers. The dollar is just the best looking horse at the glue factory.
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