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Government shutdowns aren't so much about funding as they are creating a situation where banks can acquire money from the government. Government issues bonds a
by jtriangle 3y ago
Government shutdowns aren't so much about funding as they are creating a situation where banks can acquire money from the government.
Government issues bonds at 4-7% that mature in 1-7 days and sells them to a select group of banks who make out like robbers every time it happens.
So on one hand, understanding that makes it all far simpler, but on the other, it's horrendously corrupt.