4 ms·

Ammo for rate cuts?

• ein0p 2y ago
  Can’t cut rates: need to sell debt
  • surfaceofthesun 2y ago
    Are there any examples of a nation that controls a/the reserve currency having difficulty issuing debt?
    • ein0p 2y ago
      Yes: the United States. That’s in part why it raises the rates: so that debt has higher yields and there are more buyers for it. Next year we will spend ~1.7T on interest alone, money for which we’re going to borrow as well, likely at an ever higher rate of return