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by voodootrucker 1437 days ago
So exactly like the federal reserve or the social security administration buying US bonds then?
4 comments

US Bonds are not worthless, come on.
Neither are the assets under discussion.

Both are subjective.

no, in fact it's not exactly like that.
It doesn't work quite as well if you're not a sovereign government.
It only works until it fails. There's no real difference in the reality of what it is. The only difference is operational.
Nothing like that.