0 sats \ 6 replies \ @Satosora 7 May \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
Would that actually work? I would buy the bond and sell them right away, because they are worthless. Waiting for them to mature is a losing proposition.
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31 sats \ 5 replies \ @Cje95 7 May
If they used bonds you could not touch them. The kid could do whatever he wants once he/she hit 18 but not before.
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0 sats \ 4 replies \ @Satosora 7 May
hhhmm... that would be a lot of money they would have to cash in. Imagine the first set, might bankrupt america lol
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10 sats \ 3 replies \ @Cje95 7 May
Ehhh the US is issuing like 7 trillion in bonds this year alone so meh
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0 sats \ 2 replies \ @Satosora 7 May
7 trillion is just a drop in the ocean. lol
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10 sats \ 1 reply \ @Cje95 7 May
Correction I think its actually $9... from what I can recall its roughly 1/4 of the outstanding debt. A ton of it has come due along with higher interest rates they are having to issue more it was a wild thing to read about tbh
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0 sats \ 0 replies \ @Satosora 7 May
Spending has ballooned since 2020. Imagine how much better the USA would have been if we ignored the pandemic and just kept living our lives.
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