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To: Kaiser8408a

Thank God we have a Central Bank with the authority to print as much fiat currency as necessary and a banking system based on fractional reserve lending, otherwise we would be in real trouble.


5 posted on 04/27/2024 9:48:35 AM PDT by eyeamok
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To: eyeamok
I don't know if nations & foreigners *can* stop buying US treasuries, as there may be no better crappy place to go, but this remains worrisome:

"In recent months, many Treasury auctions have led to lackluster demand among domestic and foreign investors. Market watchers have warned that global financial markets might share Fitch and Moody’s concerns about America’s fiscal deterioration."

7 posted on 04/27/2024 10:53:44 AM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TThose look good)
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