𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂|Mar 08, 2025 16:14
The gold revaluation plan (from the Lummis bill) to purchase BTC would create bank reserves in an equal amount to the BTC, raising the interest burden of govt at a higher rate (because reserves pay 4.4%) than if Treasury simply borrowed the funds at market normally. USG issuing bonds backed by anything except dollars is EXTREMELY unlikely, so not really worth unpacking that one IMO.
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