SLP398 Ansel Lindner - Is it Inflation or Deflation?
Stephan Livera Podcast
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Are Treasuries a Monetization of the Debt?
The U.S. government has the power to monotize its debt, but does it really have that much of a say? John MacIntosh: Treasuries are useful in and of themselves; they're not held for the coupon. He says banks would rather have treasuries than reserves at the fed becausetreasuries are not inert.MacIntosh: As you take useful collateral out of the system, you're increasing the stress in that right?
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