by Boo_Randy
THE US TREASURY HAS ASKED MAJOR BANKS WHETHER IT SHOULD BUY BACK SOME US GOVERNMENT BONDS IN ORDER TO IMPROVE MARKET LIQUIDITY.
— Breaking Market News ⚡️ (@financialjuice) October 14, 2022
More financial f*ckery from Yellen the Felon. If the Fed bought U.S. debt, that would be quantitative easing, but if the Treasury buys back its own debt – which no sane investor would touch, given the negative rate of return relative to real inflation – then they can call it something else. When Old Yellen says she’s “asking” the banks about the plans, rest assured, the fix is in and this is a done deal – and like everything the Fed does, it’s going to be HUGELY inflationary. This is just more MONEY PRINTER GO BRRRRRR by a different name. Literally our only defense against Yellen the Felon and the gold collar criminals at the Fed & Treasury is to trade our debauched Yellen Bux for REAL money at every opportunity.
Treasury is considering buying back its older debt, a bit like recycling
The U.S. Treasury Department on Friday said it plans to start talking with primary dealers in late October about the potential for it to begin buying back some of its older debt to help stave off market dysfunction.
The plan, if adopted, would mark a milestone in the roughly $22.6 trillion U.S. government debt market, the world’s largest, by providing a new tool for the Treasury to help aid market liquidity, a source of growing concern.
What is the difference between buying back the debt and paying it off?
They’re creating money out of thin air to buy back their own debt, which is hugely inflationary since they’re expanding (inflating) the money supply – again. This is straight-up Zimbabwe shit. Our national descent into banana republic is officially complete.