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Since the Fed owns so much of its own debt, couldn’t it just decide not to repay itself the principal when those treasuries mature?
by _spoonman 5y ago
Since the Fed owns so much of its own debt, couldn’t it just decide not to repay itself the principal when those treasuries mature?
- dragonwriter 5y ago> Since the Fed owns so much of its own debt, The Fed(eral Reserve) and the federal government are not the same thing. The forming owning debt of the latter isn’t owning its own debt.