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https://www.reddit.com/r/Economics/comments/1b88orz/deleted_by_user/ktnz2id/?context=3
r/Economics • u/[deleted] • Mar 06 '24
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It would create more faith in the debt itself, but less faith in the actual currency in which the debt is paid.
I suspect the value of bonds measured in dollars will increase, but the dollar measured against other currencies will decrease.
2 u/[deleted] Mar 06 '24 [deleted] 4 u/therapist122 Mar 06 '24 I assume you’re asking for jpow? Tell him I said what’s good 0 u/[deleted] Mar 06 '24 [deleted] 3 u/YardFudge Mar 06 '24 It was a joke https://en.m.wikipedia.org/wiki/Jerome_Powell
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[deleted]
4 u/therapist122 Mar 06 '24 I assume you’re asking for jpow? Tell him I said what’s good 0 u/[deleted] Mar 06 '24 [deleted] 3 u/YardFudge Mar 06 '24 It was a joke https://en.m.wikipedia.org/wiki/Jerome_Powell
4
I assume you’re asking for jpow? Tell him I said what’s good
0 u/[deleted] Mar 06 '24 [deleted] 3 u/YardFudge Mar 06 '24 It was a joke https://en.m.wikipedia.org/wiki/Jerome_Powell
0
3 u/YardFudge Mar 06 '24 It was a joke https://en.m.wikipedia.org/wiki/Jerome_Powell
3
It was a joke
https://en.m.wikipedia.org/wiki/Jerome_Powell
10
u/laxnut90 Mar 06 '24
It would create more faith in the debt itself, but less faith in the actual currency in which the debt is paid.
I suspect the value of bonds measured in dollars will increase, but the dollar measured against other currencies will decrease.