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US Treasuries Have Become Unappetizing for Foreign Central Banks and Governments

152 points · 132 comments · iamnothere

  1. llmslave · · focus · HN ↗
    US policy:

    1. print money

    2. suppress wages by shipping in cheap labor

    3. reassure the population you arent doing the above

    1. tastyfreeze · · focus · HN ↗
      Step 3 is profit. As in, "we are robbing you blind but that's not my hand in your pocket".
      1. llmslave · · focus · HN ↗
        unreal that they are still doing it too
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