Comment by disgruntledphd2
1 year ago
Because Treasuries are the foundation of the global financial system, and there's basically nothing that could replace them completely.
1 year ago
Because Treasuries are the foundation of the global financial system, and there's basically nothing that could replace them completely.
It seems like it would be a good idea to move the global financial system off the shaky ground before it opens up into a bottomless sinkhole, but what do I know about global finances?
Where do you put all the money? If there was a deep and liquid euro market, or if China removed capital controls then maybe.
The question doesn't make sense. Money can't be "put" in places - it always circulates.
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