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Posted on 05/19/2025 6:03:10 AM PDT by Racketeer
The U.S. Federal Reserve just pulled off something stealthy — over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That’s $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. Not exactly small change.
Quietly returning to the quantitative-easing trough isn’t standard Fed housekeeping — it’s like a bank robber returning to the scene because he forgot his car keys.
(Excerpt) Read more at finance.yahoo.com ...
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On the plus side, as much as it would hurt, if the US inhoused most of its debt, it could legislatively cancel it.
Where did that ‘money’ come from?
Grok says this could lead to more inflation.
Is this something our current administration wants? Or would help us win seats in 2026?
Now you know why Elon's suggestion of visiting Fort Knox to check on the gold was quietly and quickly squelched.
“it could legislatively cancel it.”
Isn’t that basically the same thing as ‘printing money’ causing rampant inflation like Hussein and Xiden did?
If we simply got rid of the federal reserve bank and made their function part of Treasury, we could pay off the national debt in 5 years, abolish income taxes the year after.
You’re asking the wrong question.
They’re cheap and it’s buying them back for the same reason companies buy their own stock back when cheap. (If you are optimistic.)
Or, because no one else is buying them, if pessimistic .
Need a gif of a printer printing money.
Is the reason they are cheap because no one else is buying them? Curious
If I understand it correctly, when the federal reserve buys treasury bonds, that is the definition of expanding the money supply, but buried under a blanket of BS. So they are quiet to keep us all, including foreign reserve banks, from giving it much thought. I am not sure that will work.
>On the plus side, as much as it would hurt, if the US inhoused most of its debt, it could legislatively cancel it.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
- A14 S4
Course, IF you could get govt to say what it passed via “law” was actually UN-lawful (which, most of govt spending *IS* [vs. Constitutional restrictions])....
>If we simply got rid of the federal reserve bank and made their function part of Treasury, we could pay off the national debt in 5 years, abolish income taxes the year after.
As A1S10 has NEVER been Amended & Congress cannot (legally/Constitutionally) bequeath its powers/authority to another entity; esp. a non-govt entity, it should be deemed null/void.
Much the same vs. 16th A., as it violates the 4th, 5th, 13th & 14th on its face.
Unfort., we have a 3-legged house-of-cards that none dare decree the ‘king has no clothes’ *shrug*
No s-—t!!!!
LOL
It would certainly stop any re-issuing of the debt by getting rid of the Reserve.
No country wanted to buy our debt…..shocking. s/
Yes and no. For starters, most of the U.S. debt is already owned by the U.S. (Federal reserve, social security, various state pension funds, etc.). Every now and then China and Japan swap places over who has the most FOREIGN owned debt, but it's always been the U.S. who owns most of the U.S. debt. So this recent restoration of Quantitative Easing by the Reserve is in a way, just more of the same non-solution we've always had and it never made the debt go away.
By the way, Americans own over a trillion in Chinese treasury debt that dead-beat China refuses to pay on.
Brought to you by the 17th Amendment and Carl’s Jr.
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