The Bitcoin Commons on Nostr: Basically, the treasury, which already runs a fiscal deficit, to pay the rising ...
Basically, the treasury, which already runs a fiscal deficit, to pay the rising interest on its bonds and other debts, needs to issue more bonds, which, if they are bought by the FED, is basically money printing. Correct?
Published at
2023-02-24 16:04:46Event JSON
{
"id": "07dc8fee9fe56668337d210e044b4c9877c9174624bcccb5205ee4641bf5c500",
"pubkey": "62a45004f0f9fac8dbf334c8a28676fe4f8df3182efdc9b862ef3b9bb2ff78c5",
"created_at": 1677254686,
"kind": 1,
"tags": [
[
"e",
"c92f765edc4708d21f15c9f349c31aacba5cbd8a853635204c2aa15eedfa7da7",
"",
"root"
],
[
"e",
"903e3698335828f598237aa6d67aa5916ca1b7cd19e0b7a5dcac64fffe3f4eb9",
"",
"reply"
],
[
"p",
"410faeff0abf5d7d7c202b4f42e30136a30edd4aeb6b38b1972b6bf742c9f26b"
],
[
"p",
"eab0e756d32b80bcd464f3d844b8040303075a13eabc3599a762c9ac7ab91f4f"
]
],
"content": "Basically, the treasury, which already runs a fiscal deficit, to pay the rising interest on its bonds and other debts, needs to issue more bonds, which, if they are bought by the FED, is basically money printing. Correct?",
"sig": "54af4b108e218005bd790cd2b5d3eeac8004f2cb1166fb765eb2def3ee14f025889d4d17b52eed44a6e5eba0494429cb9bd31b110a75239065f00f89619e3c04"
}
