3 ms·
Is there enough supply of treasury bonds and other low risk debt to do this?
by discodave 4y ago
Is there enough supply of treasury bonds and other low risk debt to do this?
- pjc50 4y agoThere are $23T treasury bonds outstanding, which is more than enough to back the $6T "M0" US money supply. (This is kind of an exceptional circumstance, though)