4 ms·
37% of USA debt is held by foreigners, while it's just about 9% in Japan.
by jcbrand 6y ago
37% of USA debt is held by foreigners, while it's just about 9% in Japan.
- RobertoG 6y agoThere is not reason why the Federal Reserve can't do the same that the Bank of Japan if they choose so.
- thoughtstheseus 6y agoSure but the Fed should not be buying REITS and equity markets. I don’t think people realize how damaging it would be to the country long-term. Financial Engineering can smooth economic cycles but real forces determine LT growth rates. The Fed knows this and has been asking for fiscal support.