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RE: The dangerous cocktail of rising global bond yields and falling inflation.
It means selling off the debt to other nations. Markets are, however, increasingly anxious for the Fed to give a clearer steer on the timing and details of its previously announced plan to reduce this year its $4.2 trillion portfolio of Treasury debt and mortgage-backed securities, most of which were purchased in the wake of the financial crisis to help keep rates low and bolster the economy!
How do you sell off debt? The debt that USA gov owes? Sounds scary.
The United States allowed China to become one of its biggest bankers because the American people enjoy low consumer prices. Selling debt to China funds federal government programs that allow the U.S. economy to grow. It also keeps U.S. interest rates low. But China's ownership of the U.S. debt is shifting the economic balance of power in its favor.
Can cryptocurrency compete or stop China or something?
Crypto can remove people from their debt ridden governments - I know that for a fact!! GO STEEM!!