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To: The Ox who wrote (1415)	10/16/2020 4:01:35 PM
From: Sun Tzu	Respond to of 10550

>> Loan out the money Ya, that is the problem he is raising. Who exactly is the Fed going to lend that money to? There are only two places that the Fed can lend money to: (1) The US government and that requires stimulus spending, and (2) Member bank firms via T-bill auctions, and that requires well capitalized banks and somehow not having foreign holders asking for their money. I am actually not very worried about the foreigners selling their T-bills back - not until China opens up their bond market anyway.