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hg2
Heresy Financial
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Comments by "hg2" (@hg2.) on "July Jobs Report Triggers Bond Market Selloff" video.
Great video, but I don't think the Fed SOLD bonds in 2018-19, they merely let bonds mature. When that happens, they credit (reduce) their Assets and debit (reduce) their Liabilities. What are Federal Reserve LIABILITIES? They are in your pocket. They are the Federal Reserve Notes we call money. They are the money the Fed printed to buy those bonds in the first place.
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