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Rep Thomas Massie 

By: CTJ in 6TH POPE | Recommend this post (6)
Tue, 16 May 23 7:29 PM | 47 view(s)
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Msg. 42603 of 58582
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Thomas Massie
@RepThomasMassie
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Thought exercise, not a suggestion:

The Federal Reserve created $5 trillion out of thin air during COVID and loaned it to Treasury.

So what would it really mean if the Treasury were to miss a payment to the Federal Reserve?

Would Fed lose confidence in Treasury? lol.




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