timevalueofbtc on Nostr: No, new Treasury issuance isn’t new money itself, it’s new debt. Only the Fed and ...
No, new Treasury issuance isn’t new money itself, it’s new debt. Only the Fed and banks can create new money through QE or loans.
Published at
2023-05-15 14:19:06Event JSON
{
"id": "57f6377da107b83f33bc2aa7366835ef54bb208c7219ffff540420764bc0e726",
"pubkey": "03b593ef3d95102b54bdff77728131a7c3bdfe9007b0b92cd7c4ad4a0021de25",
"created_at": 1684160346,
"kind": 1,
"tags": [
[
"e",
"e6df40838030e35080e719ed110f6b03a8315db78e3f34a214c47a91ce6b1251"
],
[
"e",
"82fc6d902bf6ac48344ccaccd554a5259656bc034b7f6784e665d6f8c4f7160c"
],
[
"p",
"f599737d6778413987589d8373819c23397770a922de4ceebb81b4a73aa728bb"
]
],
"content": "No, new Treasury issuance isn’t new money itself, it’s new debt. Only the Fed and banks can create new money through QE or loans.",
"sig": "62fda142fc6867d830b90b2db460fa47107aeab73d898d5e50d06bc16e376b546b16fb6c3b919f43396a05da8ba1ee1d2e6bc58cbc94246fc5d6a22b013ca22b"
}
