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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (241017)1/2/2014 10:38:03 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 541933
 
Yes, I get that. What did that message about China from Tim mean then in relation to the SSTF and your extra 1% proposal?



To: Wharf Rat who wrote (241017)1/2/2014 11:24:01 AM
From: bentway  Read Replies (1) | Respond to of 541933
 
"Only the UST buys bonds from SSTF. China isn't part of that equation."

I think you've got that backward. The UST gives bonds to the SSTF in exchange for money it borrows from the SSTF.


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