"buying close to half of the paper ourselves..." buying back our own debt
you mean?
where are we now?
And why is 50% my magic, marker?!?
TIA, (good/heady convo')
b.street
p.s. tho' yes, raise rates and it costs you mo' to be YOU... so to speak... I get that.
and if we own our own debt... buy it back... that's not as bad as foreign
dumping U.S. and pulling our debt rug out from under us, right?
tho' going from high 30's Debt:Equity ratio to top-10 worst (now) after both
printings from red then from blue? with low-rates? still with cv19?
That's A LOOOOOOTA instability to me... banana peals
fiscally, abound.
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In response to this post by ColoVT82)
Link: chat is only a few days old... not far from 50% on the eyeball...
Posted: 02/24/2022 at 8:40PM