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Message
re: Just in -- Treasury’s $24 billion 30-year bond auction goes poorly today
Posted on 11/9/23 at 2:34 pm to NC_Tigah
Posted on 11/9/23 at 2:34 pm to NC_Tigah
Who would want to own our debt at this duration? Regardless of what happens with rates over that period, it’s obvious that the government intends to just inflate the debt away.
1
Posted on 11/9/23 at 7:14 pm to SloaneRanger
quote:
Who would want to own our debt at this duration? Regardless of what happens with rates over that period, it’s obvious that the government intends to just inflate the debt away.
You know how few people, even in our own congress, even understand this? It was never factored into the grand economic equation that we couldn’t simply print money indefinitely counting on the same buyers.
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