2 ms·
Central banks owe their debt in their issued currency to themselves. So basically, those bonds going down in value are just a countability artifact and mean not
by orwin 4y ago
Central banks owe their debt in their issued currency to themselves. So basically, those bonds going down in value are just a countability artifact and mean nothing.
Some media and politicians love to make a big deal about this, but they are either misinformed or disingenuous (or both).