In her letter Lucinda Shmulsky writes: “We have engaged in debt monetization after the financial crisis of 2008; therefore, many foreign central banks have steadily reduced their purchases our U.S. treasuries and this is how we fund our government.”
In her letter Lucinda Shmulsky writes: “We have engaged in debt monetization after the financial crisis of 2008; therefore, many foreign central banks have steadily reduced their purchases our U.S. treasuries and this is how we fund our government.”