4 ms·
This is true, though I'm sure you'll agree this isn't the best way to recycle a trade trade surplus?
by akhatri_aus 10y ago
This is true, though I'm sure you'll agree this isn't the best way to recycle a trade trade surplus?
- seanmcdirmid 10y agoIt depends. The money isn't really the government's...it needs to be somewhat liquid and ready to use elsewhere. Treasuries are fairly liquid (you can't redeem them early, but you can always trade them) and are not very risky (though these days they often have effective negative interest rates).