>>60612309forgot to mention
each duration of the debt has it's own market
us10yr
us3yr
us3month
etc
everything has it's own chart
the government only controls the short term debt, so it's some sort of quantum clusterfuck to understand to what extent does the government control the debt. at what point do they lose control? is it beyond 1 year? 3year? whatever, at some point, its just the market, so the market can say, fuck the fed, we are not buying treasuries of 10 year duration, so what happens is, nobody wants to buy this crap, and the yield goes higher, since the market dumps the debt, the yield goes higher and the opposite. So the market dumps and dumps 10yr which is like the main debt to measur what the fuck is going on, so this yield goes up and this means the government has to pay more interest for this debt to the bondholders, to stop this, they can buy the bonds itsellf, to lower the debt, this lowers the interest... but then again, you had to buy the debt anyway, so who cares, you are saving money in interest, but you are having to print money to buy the fucking debt to make the interest rate go down, so isn't this leveled out? who cares, and what's more, when they print the money to buy the debt, then yo uare just setting yourself up to create more inflation, this means that the investors will buy equities instead of some us10y that now went lower since you bought it, so you saved up on interest payments to bondholders, but you ended up pumping the markets, which is good in principle, but you created inflation, and nobody really wants to hold the debt, you had to buy it yourself, whhich isnt a great look isnt it, and thus you are just setting up another new wave of more inflation that you will have to print again to buy the debt unless you convince the markets to buy the debt, but who wants to buy the debt when btc and even slow and poor 500 give you more gains, so yeah somebody explain me who desigend this retarded ass aspie ass "system". inb4 joozos.