\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Interesting tweet on interest rates, oil purchases, the dollar Etc

https://twitter.com/ces921/status/1787091135459897821?t=wj2q...
milky kitchen personal credit line
  05/06/24
This is an interpretation. Whether the Fed and Treasury wer...
Stirring address
  05/06/24


Poast new message in this thread



Reply Favorite

Date: May 6th, 2024 5:20 AM
Author: milky kitchen personal credit line

https://twitter.com/ces921/status/1787091135459897821?t=wj2qHw2q8w5rEBTu1s0s3A&s=19

(http://www.autoadmit.com/thread.php?thread_id=5525609&forum_id=2#47639027)



Reply Favorite

Date: May 6th, 2024 7:50 AM
Author: Stirring address

This is an interpretation. Whether the Fed and Treasury were "strategically" acting in Oct/Nov or just responding with the only option they had left is open for debate. There is no good option here. Either countries around the world sell off USTs in which case US is fucked or they hold USTs but begin transacting in other currencies meaning US is fucked but only slightly less and on a longer drawn out timeline. Its just can kicking essentially

(http://www.autoadmit.com/thread.php?thread_id=5525609&forum_id=2#47639055)