An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Going to be a hell of a trade in Certificates of Indebtedness at this rate.
The general trick here will be to leave matured Bonds, Notes and Bills as C of I, at which point they will start to float to a discount against Fed dollars.
At which point they can be bought to settle tax bills.
And that's how bond owners will convert into Fed cash.
And Charlie Brown wants to kick that football...
ReplyDeleteGoing to be a hell of a trade in Certificates of Indebtedness at this rate.
ReplyDeleteThe general trick here will be to leave matured Bonds, Notes and Bills as C of I, at which point they will start to float to a discount against Fed dollars.
At which point they can be bought to settle tax bills.
And that's how bond owners will convert into Fed cash.
When have the dems ever held the line?
ReplyDeleteThey held the line in 2020 when we needed more Covid compensatory fiscal policy and they wouldn’t do the Trump 1T deal until after the election…
ReplyDeleteF’d us all for their Democrat political purposes…