JudgeHardcase on Nostr: Yes. The Federal Reserve could just raise its monetary base all at once from ~$6T to ...
Yes. The Federal Reserve could just raise its monetary base all at once from ~$6T to ~$42T and buy up all outstanding U.S. government debt. Or, it could more slowly raise the monetary base as necessary to pay off the debt as it matures... Of course, the faster the FED raises its monetary base (i.e. debases the USD) the faster the USD becomes less useful as an instrument for trade.
Published at
2025-03-03 11:05:38Event JSON
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