freemymind on Nostr: Crazy. Did not know the federal reserve holds this much of the treasury bonds. But it ...

Crazy. Did not know the federal reserve holds this much of the treasury bonds. But it is in general kind of a miracle how the US treasury did not go bankruped until now. But most probably this bankrupcie is close. And possible, that the fed is doing its part to defend from this and increase inflation to lower the dept. And yes a more global independent currency would have made the US bankrupt a long time ago. Maby you have a good point here. Thanks for sharing 👍😉

https://www.federalreserve.gov/releases/h41/current/h41.pdf

https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-35-trillion-what-does-that-mean