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To: Eleutheria5
So now the dollar isn’t based on anything of intrinsic value.
The USD -was- based on the petrodollar scheme propping up our treasury auctions. I look for less propping up and more cashing out by foreigners/funds and foreign gov'ts.

How long can the FED keep buying our own treasuries?

27 posted on 06/13/2024 10:03:40 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TThose look good)
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To: citizen

Thank you, Richard Nixon. This is a bi-partisan cluster-f!@# that started a generation ago. Trajectory continues downward.


28 posted on 06/13/2024 10:50:23 PM PDT by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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