Fed now holds more Treasury securities than all other foreign central banks…combined… Gold is a hedge against bad government decisions
Fed now holds more Treasury securities than all other foreign central banks…combined @federalreserve @biancoresearch @USTreasury pic.twitter.com/3FPC3NQkWv — Liz Ann Sonders (@LizAnnSonders) November 19, 2020 Marginal utility of an additional dollar of debt continues to collapse. The MMT people never bring any of this up as a constraint on gov't spending or even a problem to … Read more