• shalafi@lemmy.world
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    19 hours ago

    This would be like taking Musk’s money by making him sell his stocks. Once the market is flooded with paper, it becomes less and less valuable, very quickly. Musk doesn’t actually have hundreds of billions anymore than the UE has trillions in US treasuries.

    I know that’s ridiculously oversimplified, but someone has to buy those bonds, and the later you are to the selling table, the less you get.

    • C1pher@lemmy.world
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      12 hours ago

      Finally, somebody with understanding of how bonds REALLY operate and their purpose. What is in all those memes, are just “wet dreams”, that are far from reality.

    • AGM@lemmy.ca
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      18 hours ago

      Yep, the massive bond dump is just a meme. It’s financial MAD and would destroy the the finances of the countries selling off. Nobody wants it.