They can control the interest rates like you say but only if they buy all the debt. Like Japan, owns pretty much the whole curve
I don't know if you noticed the treasury auctions are failing at the current yields.
The reason is they bond market expects inflation ,and interest rates have to be over inflation to be a positive investment.
So the fed is the buyer of last resort.They are the only ones left to lend the government money.
Which is made off the stroke of a keyboard.Every $ they make devalues all others.
I don't know if you noticed the treasury auctions are failing at the current yields.
The reason is they bond market expects inflation ,and interest rates have to be over inflation to be a positive investment.
So the fed is the buyer of last resort.They are the only ones left to lend the government money.
Which is made off the stroke of a keyboard.Every $ they make devalues all others.
#doyourownanalysisordietryin
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