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Printing machine: US Treasury issuing more bonds to feed soaring debt but there
44575
Registered User
User ID: 464497
10-12-2018 07:03 AM

Posts: 2,159



Post: #1
kickit Printing machine: US Treasury issuing more bonds to feed soaring debt but there
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Printing machine: US Treasury issuing more bonds to feed soaring debt but there are no takers

[Image: 5bbe26eafc7e934f1a8b4590.JPG]
© Reuters / Gary Cameron
The US Treasury is selling $74 billion of debt this week to fund the rising budget deficit stemming from the Trump administration’s massive tax cut introduced last December and the country’s massive overall debt.

Trump will soon announce a plan to tackle the debt, according to the US president’s chief economist Kevin Hassett. “The deficit is absolutely higher than anyone would like. As you watch our next budget come out – and you’ll start to see things in the next few weeks – then you’ll see a much more aggressive stance” in tackling it, he said, as quoted by Bloomberg.

https://www.rt.com/business/440939-print...-treasury/

[Image: giU0MBk.jpg]
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LoP Guest
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User ID: 459640
10-12-2018 07:20 AM

 



Post: #2
RE: Printing machine: US Treasury issuing more bonds to feed soaring debt but there
Obama and the Fed used NATO CIA front bank in Belgium to buy unwanted treasury debt issue after they invaded Ukraine.
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