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47 sats \ 2 replies \ @bitcoingraffiti 15 Sep 2024 \ 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.
There's still immense hunger in the world to get more us colateral. Don't underrate that
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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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