Comments by "Ray Bod" (@raybod1775) on "Fed to Start Buying $60 Billion of Treasury Bills Per Month" video.

In reality, not enough people and countries are willing to buy treasuries at current interest rates, so the Federal Reserve buys them. It's kind of a joke. Might as well get rid of the Federal Reserve. Why issue treasuries at all? It's shuffling electronic digits. The U.S. Treasury might as just say "We are going to print money to cover all the spending Congress has passed, but doesn't have the income". Instead, they issue treasuries, no one will buy them, so the Federal Reserve prints the money to buy them. There must be a point where all this money printing is going to cause a bad end. Historically, when countries have done this, it all comes to a very bad end.
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