4 ms·
This is not my strong suite, but if you look at the assets which large holders of t-bills are divesting into, you'll find strong inflation.
by euroclydon 14y ago
This is not my strong suite, but if you look at the assets which large holders of t-bills are divesting into, you'll find strong inflation.
- eli_gottlieb 14y agoThat's not inflation, that's a capital glut!
- akjj 14y agoThe yields on treasury bills are extraordinarily low by historical standards (i.e. the prices are high) because they are in high demand, not low demand.
- euroclydon 14y agoSo why is debt being monetized? Because it's politically better to owe it to yourself than to owe it to someone else?
- tbrownaw 14y agoHouse prices went down, and a recession happened. So making the prices of some other investment (which probably has to be government debt in order for them to not get sued for favoritism) go up by a similar amount, should make the recession stop happening.