[Toddsterpatriot]

If we stay fiat, then let us at least drop the whole bond deal. If the government can back a bond it can back a dollar bill. One causes interest to the people, the other does not.

You don't like the Fed buying Treasuries?

[Worldtraveler once upon a time]

--- "You don't like the Fed buying Treasuries?"

With what is the Fed buying Treasuries? The Fed produces only debt and generates money out of thin air.