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Originally posted by open_eyeballs
reply to post by leo123
But lets be realistic here. Since the inception of the Federal reserve we have been printing our own money. the fed has been buying treasuries for decades now.
So they buy a few more..keep interest rates low, and when the economy surges jack them interets rates back up to 5 and 6 %...
Do you think China has been funding American debt for the last 75 years?
Not hardly...
Originally posted by open_eyeballs
reply to post by leo123
But lets be realistic here. Since the inception of the Federal reserve we have been printing our own money. the fed has been buying treasuries for decades now.
So they buy a few more..keep interest rates low, and when the economy surges jack them interets rates back up to 5 and 6 %...
Do you think China has been funding American debt for the last 75 years?
Not hardly...
Originally posted by leo123
www.businessinsider.com...
"China reduced its holdings of Treasury securities by $25 billion in June, the most China had ever sold in a month..."
What this means is the US is printing money to fund it's own deficit. A trashcan currency and inflation is likely.