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I'm wondering if the US were to bankrupt, would they still bail out Berkshire...
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0 sats \ 0 replies \ @ken 8 Aug
Side note, but I don't really understand how a central bank can act like it is independent of the federal government, when it can issue reserves out of thin air and buy the country's debt...
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Interesting!
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I wonder what will happen if they ever deploy this. Would be a stupid idea to keep it in treasuries long term, right?
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Why do they want to hold so much? Compared to stock they could buy?
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