A little primer on how stuff works:
More (long):
https://wolfstreet.com/2023/11/19/our-wall-street-crybabies-want-the-fed-to-stop-qt-and-they-wag-the-overnight-rrps-thatll-blow-up-the-banks-or-whatever/
I had a facinating talk with a few Europeans this past week. One of the topics that came up was why people still buy U.S. treasury bonds despite their low returns and vulnerability to inflation. Essentially, they told me that people in other countries view the U.S. and arrogent and prideful...
http://gata.org/node/10899
I know I'm seeing the world with gold and silver colored glasses, but seems to me there is a "more solid" vehicle for preserving and protecting wealth in these circumstances.
:gold: :silver:
More (including chart): http://www.zerohedge.com/news/record-consecutive-treasury-dump-feds-custody-account
Raise the debt ceiling! OK, now what? Who's buying? :paperbag: