> There's no way we sold $1T of bonds and t-bills in 1 year. Yes? They're sold at auction. https://www.treasurydirect.gov/auctions/upcoming/ https://www.treasu

> There's no way we sold $1T of bonds and t-bills in 1 year. Yes? They're sold at auction. https://www.treasurydirect.gov/auctions/upcoming/ https://www.treasurydirect.gov/auctions/upcoming/ - I make that $547bn for auction over the next couple of days. > who accepted the debt risk The financial services industry. It's kind of what they do. Just because it "feels fake" doesn't make it so.