Deciphering the complexities of $7 trillion stimulus financing: Z1 stats shed light on bond purchasers, revealing nuances in US debt dynamics.
Can The Government Keep Issuing Debt Forever?
Who Will Buy It?
🧵THREAD 🧵👇
The Big Question:
How did the US Treasury finance approximately $7 trillion in stimulus programs? What role did new bank-created money play, and how much was financed by existing dollars?Let’s… pic.twitter.com/UHLefAS0cd
— Jeffrey P. Snider (@JeffSnider_EDU) December 30, 2023
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