pull down to refresh
20 sats \ 0 replies \ @Undisciplined OP 26 Oct 2023 \ parent \ on: Meta Econ Takeover Day 9 meta
I don't think billionaires have a lot of cash holdings, which would make this effect pretty small.
One week's notice probably isn't enough time for pension funds to drop their treasuries, but that's where we would probably see the big dollar dump.
That leads us to another prediction: interest rates would go to the moon during the post announcement week.