The Federal Reserve can certainly take less.
They created the money out of thin air, and they can make it disappear also.
I hope your not serious... if you think the money supply is too high we need to retire currency not bonds. If bonds are discounted, then the money stays in the economy.
And there it is. The largest holders of Treasuries are banks that are members of the federal reserve system. Surrendering their treasuries for less than par, with an agreement to amortize the write down against their capital over the next (??? 10? 30? 50?) years would probably sound a lot better than “Hey guys, we’re bankrupt, so if you want some electrons back for the electrons you sent us a few years ago, raise an army and come take them.”
The hogs that have been slurping at the taxpayer filled trough since the 1930’s can go on a dammed diet for a decade or two, IMO.
“The Federal Reserve can certainly take less.
They created the money out of thin air, and they can make it disappear also.”.................
Are U (gasp) suggesting we ask the ‘Stockholders of the Federal Reserve Bank’ to absorb some losses ?
Make that old money crew (( Morgan,Mellon,Rockefeller, Harriman etc etc)) pay for the havoc they have created for friendly politicians over a 100 years??
YOU’VE GOT MY VOTE !!!
Yanno the FED was supposed to C that our dollar was sound..They were 100% successful if U think going from 100 cents to less than 1 cent is good ( in 103 years ) !!