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42 sats \ 16 replies \ @Satosora 26 Apr 2024 \ on: Eurozone Inflation Trends: Unicredit and Deutsche Bank Analysts' Insights econ
Okay, now that we know that the data is made up...are they buying btc or gold?
Or just us treasuries?
I don't see them pivoting to btc any time soon. They are pushing the ust rates back down by bying them to reduce capital flight
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So they are still buying them, even though they have to understand the usa is printing money like crazy, right?
Unofficial agreement?
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the ECB has to buy the usts to control the interest rate spread.
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Dont they buy other bonds?
Or is usa the major one?
I thought china and russia would have one?
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Apart from government bonds from the eurozone, US bonds are the largest item
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Why dont they just by their own instead of the us?
Wouldnt that stabalize the euro a bit? Not saying it will help a lot but it has to help prop it up a bit...