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You don’t understand how these things work. The FED conducts auctions for securities that entities purchase. Without entities buying the securities there woul
by skhunted 3y ago
You don’t understand how these things work. The FED conducts auctions for securities that entities purchase. Without entities buying the securities there would be no money for the government to borrow.
- gattis 3y agoexcept the biggest buyer is our own social security fund
- skhunted 3y agoBiggest single buyer. It’s an investment that SS makes. They could instead buy securities of other governments but U.S. securities have been the safest to purchase. Without SS do you think the U.S. would not be able to borrow as much as it does?