9 ms·
The government is borrowing the majority of the funds from the FED. From itself. They are printing it and loaning it to themselves.
by TimMeade 2y ago
The government is borrowing the majority of the funds from the FED. From itself. They are printing it and loaning it to themselves.
- skhunted 2y agoYou don’t understand how these things work. The FED conducts auctions for securities that entities purchase. Without entities buying the securities there would be no money for the government to borrow.
- gattis 2y agoexcept the biggest buyer is our own social security fund
- skhunted 2y agoBiggest single buyer. It’s an investment that SS makes. They could instead buy securities of other governments but U.S. securities have been the safest to purchase. Without SS do you think the U.S. would not be able to borrow as much as it does?