To: AdamSelene235
Um, the government isn't buying said bonds, it issues them. Which means it is short them. Duh. If it has 20 of its own IOUs in one of its pockets, it is still short every other IOU it has ever issued.
36 posted on
10/19/2004 7:59:09 PM PDT by
JasonC
To: JasonC
Um, the government isn't buying said bonds, it issues them. Which means it is short them. Duh. If it has 20 of its own IOUs in one of its pockets, it is still short every other IOU it has ever issued. Thanks for the tip. I was referring to the Chinese government.
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