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/biz/ - Business & Finance

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54427739 No.54427739 [Reply] [Original]

>buying usa debt is risk free because the usa will never default or just cancle debt

>> No.54427751

Selling crypto for stablecoins or buying stablecoins is basically the same thing as buying US debt, this is the reason why the US will never destroy Tether

>> No.54427755

>>54427739
biggest financial psyop in human history

>> No.54427797

Do you not know that the Fed can buy an infinite amount of treasuries (debt)?

The only risk with us debt is that the government will accumulate so much that it leads to a runaway effect where the Fed buys all of it and creates inflation, which would make your treasuries worth much less in real terms.

>> No.54427806

>>54427797
Didnt they just cancle the russian debt?
What if they cancle yours?<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>

>> No.54427820

>>54427751
Well yes thats why usdc was so promoted and algo coins backed by crypto had to be destroyed. Well i only Dai its not based on usa debt

>> No.54429423

>>54427820
>Well yes thats why usdc was so promoted and algo coins backed by crypto had to be destroyed
Exactly, the US benefits from the dominance of USDC/USDT in the crypto ecosystem