• Science
    • Planetary Material Conditions
    • Doomscroll Comments
    • Society
    • Politics
    • Doom
    • Doom Philosophy
    • Solutions
    • General category
    • Revolution
  • Move
  • Topic
  • Back
  • Next

    Economic Errata

    Started by RE Apr 20, 2026, 05:26 PM

    Message path : / Society / The American economy / Economic Errata #102


    Selected path :

    RE

    • Administrator
    • *****
    • Warden of Oblivion
    • Posts: 2,208
    Apr 20, 2026, 05:26 PM
    Quote from: TDoS on Apr 20, 2026, 03:04 PMWhat is "the Fed monetizing the debt" signify? I'm  not sure I know what that means, "monetizing debt".

    Basically, it means issuing a debt instrument without having collateral to borrow against.  Money is a debt instrument, it's a note of infinite duration.  To do it, Da Fed issues USTs and buys them with money it prints rather than selling them to other banks and investors.  They have to do that because they don't have enough buyers for the debt on the open market.

    RE

    This is a

    new Diner page

    Logged in as:Guest
    Forum Home