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The debtor is the government, right? So unless the government collects more taxes, it is probably not able to pay.
by ArtTimeInvestor 5y ago
The debtor is the government, right? So unless the government collects more taxes, it is probably not able to pay.
- CyberRabbi 5y agoThe debtor is not always the government. The fed buys bonds in smaller banks, among other assets.
- ArtTimeInvestor 5y agoI thought banks don't want anymore money and even charge negative interest when you give them some against their will. Why would a bank take FED money in?
- CyberRabbi 5y agoThe same reason any business takes on investment/debt.