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#treasury

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Nonilex<p><a href="https://masto.ai/tags/JDVance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JDVance</span></a> said the <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> situation w/ <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> was not sustainable. He said “Liberation Day”was only 30 days ago, &amp; “we are in the early innings” of negotiations.</p><p><a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScottBessent</span></a>, speaking at a <a href="https://masto.ai/tags/House" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>House</span></a> hearing on Wednesday, declined to say which countries are close to reaching trade agreements w/the US &amp; said that the deals would initally be agreements *in principle* that would be finalized in the coming months.</p><p><a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>security</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Crypto News<p>Metaplanet Lifts Bitcoin Stash by 555 BTC, Plans to Sell Debt to Buy More - Japanese investment firm Metaplanet (3350) said it will sell a second $25 million of bond... - <a href="https://www.coindesk.com/markets/2025/05/07/metaplanet-lifts-bitcoin-stash-by-555-btc-plans-to-sell-debt-to-buy-more" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">coindesk.com/markets/2025/05/0</span><span class="invisible">7/metaplanet-lifts-bitcoin-stash-by-555-btc-plans-to-sell-debt-to-buy-more</span></a> <a href="https://schleuss.online/tags/metaplanet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>metaplanet</span></a> <a href="https://schleuss.online/tags/bondissue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bondissue</span></a> <a href="https://schleuss.online/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>treasury</span></a> <a href="https://schleuss.online/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markets</span></a> <a href="https://schleuss.online/tags/bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bitcoin</span></a> <a href="https://schleuss.online/tags/japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>japan</span></a> <a href="https://schleuss.online/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a></p>
Democracy Matters :verified:<p>It’s hard to imagine anyone more uncomfortable than Scott Bessent. <br>What’s it like to destroy yourself in public, Scott?</p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
Nonilex<p>“Who pays <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> Mr. Secretary?”</p><p>During a congressional hearing on Tuesday, Rep. Mark Pocan (D-WI) was clearly unsatisfied w/the stumbling nonresponse from <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScottBessent</span></a>.</p><p><a href="https://masto.ai/tags/Bessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bessent</span></a> stammered, eventually telling <a href="https://masto.ai/tags/Pocan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pocan</span></a>, "It's a very complicated question."</p><p>Hmmm. Is it really?</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2045341/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2045341/</span><span class="invisible"></span></a> What Treasury Execs Should Know <a href="https://pubeurope.com/tags/bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bitcoin</span></a> <a href="https://pubeurope.com/tags/BitcoinEtfs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BitcoinEtfs</span></a> <a href="https://pubeurope.com/tags/blockchain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>blockchain</span></a> <a href="https://pubeurope.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://pubeurope.com/tags/CryptoRegulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CryptoRegulation</span></a> <a href="https://pubeurope.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://pubeurope.com/tags/PYMNTSNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PYMNTSNews</span></a> <a href="https://pubeurope.com/tags/stablecoins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stablecoins</span></a> <a href="https://pubeurope.com/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>treasury</span></a> <a href="https://pubeurope.com/tags/TreasuryManagement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TreasuryManagement</span></a> <a href="https://pubeurope.com/tags/WallStreet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WallStreet</span></a></p>
Wokebloke for Democracy<p>"Japan could use its $1 trillion-plus holdings of U.S. Treasuries as a card in trade talks with Washington, its finance minister said on Friday"</p><p><a href="https://www.reuters.com/markets/asia/japans-us-treasury-holdings-among-tools-trade-talks-finance-minister-kato-says-2025-05-01/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/markets/asia/japan</span><span class="invisible">s-us-treasury-holdings-among-tools-trade-talks-finance-minister-kato-says-2025-05-01/</span></a><br><a href="https://libretooth.gr/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://libretooth.gr/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://libretooth.gr/tags/Japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Japan</span></a> <a href="https://libretooth.gr/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://libretooth.gr/tags/Trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trade</span></a></p>
eicker.news ᳇ tech news<p>»<a href="https://eicker.news/tags/Tether" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tether</span></a> says <a href="https://eicker.news/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> exposure neared $120 billion in Q1, posts $1 billion profit: includes indirect Treasury exposure through money market funds and reverse repurchase agreements.« <a href="https://www.theblock.co/post/352760/tether-says-treasury-exposure-neared-120-billion-in-q1-posts-1-billion-profit?eicker.news" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theblock.co/post/352760/tether</span><span class="invisible">-says-treasury-exposure-neared-120-billion-in-q1-posts-1-billion-profit?eicker.news</span></a> <a href="https://eicker.news/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> <a href="https://eicker.news/tags/media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>media</span></a> <a href="https://eicker.news/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a></p>
☮ ♥ ♬ 🧑‍💻<p>Day 32 🗳️💨</p><p>Things are coming in thick and fast today, so I’ll try to summarise the major themes. </p><p>No Policies of the <a href="https://ioc.exchange/tags/Liberal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Liberal</span></a>, <a href="https://ioc.exchange/tags/LNP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LNP</span></a> and <a href="https://ioc.exchange/tags/Coalition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coalition</span></a>. </p><p><a href="https://ioc.exchange/tags/AngusTaylor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AngusTaylor</span></a> (Opposition Treasurer, Liberal) hands in his <a href="https://ioc.exchange/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> homework late, it’s got problems. </p><p>A 🎃 derivative that is toxic ☢️</p><p>“A Coalition government would drive the <a href="https://ioc.exchange/tags/budget" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>budget</span></a> deeper into <a href="https://ioc.exchange/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> over the coming two years, as the shadow finance minister, <a href="https://ioc.exchange/tags/JaneHume" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JaneHume</span></a>, insisted her party’s plan to save $17.2bn by <a href="https://ioc.exchange/tags/slashing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slashing</span></a> the number of <a href="https://ioc.exchange/tags/Canberra" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canberra</span></a>-based <a href="https://ioc.exchange/tags/PublicServants" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicServants</span></a> by 41,000 through “natural attrition” was achievable.”</p><p>If returned to power, the Coalition would gut a long list of environment and clean energy programs, including <a href="https://ioc.exchange/tags/scrapping" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>scrapping</span></a> the <a href="https://ioc.exchange/tags/NetZero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NetZero</span></a> <a href="https://ioc.exchange/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://ioc.exchange/tags/Agency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Agency</span></a>, reversing Labor’s <a href="https://ioc.exchange/tags/TaxBreaks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxBreaks</span></a> for <a href="https://ioc.exchange/tags/ElectricVehicles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElectricVehicles</span></a>, and redirecting money slated for the <a href="https://ioc.exchange/tags/HomeBatteries" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HomeBatteries</span></a> program.</p><p><a href="https://ioc.exchange/tags/Reversing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Reversing</span></a> tax incentives for green hydrogen would save $1.5bn over four years, and not proceeding with Labor’s critical mineral production tax credits would save $1.2bn, the Coalition’s election policy costings show.”</p><p><a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AusPol</span></a> / <a href="https://ioc.exchange/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>treasury</span></a> / <a href="https://ioc.exchange/tags/costings" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>costings</span></a> / <a href="https://ioc.exchange/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> / <a href="https://ioc.exchange/tags/future" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>future</span></a> &lt;<a href="https://www.theguardian.com/australia-news/2025/may/01/coalition-costings-federal-election-promises-larger-deficit-cut-foreign-aid-environment-clean-energy" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2025/may/01/coalition-costings-federal-election-promises-larger-deficit-cut-foreign-aid-environment-clean-energy</span></a>&gt;</p>
Eric Maugendre<p>Federal “debt” is the total of outstanding <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a>.</p><p>The US government could pay off all its so-called “debt” tomorrow simply by debiting all Treasury-security accounts and crediting the Treasury-Security owners’ checking accounts.</p><p>The entire process neither adds nor subtracts money from the economy (but for interest paid).</p><p><a href="https://mas.to/tags/obligations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>obligations</span></a> <a href="https://mas.to/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bonds</span></a> <a href="https://mas.to/tags/liquidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liquidity</span></a> <a href="https://mas.to/tags/borrowing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>borrowing</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/PublicTreasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicTreasury</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/macroEconomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>macroEconomics</span></a> <a href="https://mas.to/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
CopterDoctor<p>If <a href="https://mstdn.party/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTariffs</span></a> are pumping huge amounts of 💰into the <a href="https://mstdn.party/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a>, then why did <a href="https://mstdn.party/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> tell <a href="https://mstdn.party/tags/Bezos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bezos</span></a> not to put the price of the tariff increase on the <a href="https://mstdn.party/tags/Amazon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Amazon</span></a> receipts? </p><p>Because he’s LYING to his <a href="https://mstdn.party/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MAGA</span></a> supporters &amp; they’re too stupid to realize it.</p>
Eric Maugendre<p>“A sovereign government does not need to collect taxes or issue bonds to finance spending. It finances directly through money creation.”</p><p> – Eric Tymoigne is an associate professor of economics at Lewis &amp; Clark College, NY, who specializes in the fields of <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> and <a href="https://mas.to/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a>, monetary theory, and financial macroeconomics</p><p><span class="h-card" translate="no"><a href="https://a.gup.pe/u/economics" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>economics</span></a></span> </p><p><a href="https://mas.to/tags/fiatMoney" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fiatMoney</span></a> <a href="https://mas.to/tags/moneyIssuance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moneyIssuance</span></a> <a href="https://mas.to/tags/moneyCreation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moneyCreation</span></a> <a href="https://mas.to/tags/monetaryCreation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>monetaryCreation</span></a> <a href="https://mas.to/tags/monetaryTheory" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>monetaryTheory</span></a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slogan</span></a> <a href="https://mas.to/tags/quotes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>quotes</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a> <a href="https://mas.to/tags/CentralBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CentralBank</span></a> <a href="https://mas.to/tags/CentralBanks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CentralBanks</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a></p>
Democracy Matters :verified:<p>And nobody’s better at destroying his own credibility than Scott Bessent. </p><p>Treasury Secretary Scott Bessent defends the 'strategic uncertainty' of Trump's trade talks: 'Nobody's better at creating this leverage' <br><a href="https://www.businessinsider.com/scott-bessent-trump-tariffs-trade-strategic-uncertainty-2025-4" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">businessinsider.com/scott-bess</span><span class="invisible">ent-trump-tariffs-trade-strategic-uncertainty-2025-4</span></a></p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/GOPLiar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GOPLiar</span></a> <a href="https://mstdn.social/tags/GOPWhore" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GOPWhore</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
Democracy Matters :verified:<p>Bessent Does Not Back Up Trump’s Claim of Trade Talks With China’s Xi<br><a href="https://www.nytimes.com/2025/04/27/us/politics/bessent-trump-xi-tariffs.html?unlocked_article_code=1.C08.pkc4.enZoZJUreWWo&amp;smid=url-share" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/04/27/us/poli</span><span class="invisible">tics/bessent-trump-xi-tariffs.html?unlocked_article_code=1.C08.pkc4.enZoZJUreWWo&amp;smid=url-share</span></a></p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/TrumpAdmin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpAdmin</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
Democracy Matters :verified:<p>Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent ‘into fascism’<br><a href="https://www.cnbc.com/2025/04/25/yale-treasury-scott-bessent-trump-fascism-us.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/04/25/yale-treas</span><span class="invisible">ury-scott-bessent-trump-fascism-us.html</span></a></p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/Yale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yale</span></a> <a href="https://mstdn.social/tags/ResignScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ResignScottBessent</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
Eric Maugendre<p>Sovereign states invest or spend as much as they want by issuing they own money and credit.</p><p><a href="https://mas.to/tags/fiatMoney" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fiatMoney</span></a> <a href="https://mas.to/tags/moneyIssuance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moneyIssuance</span></a> <a href="https://mas.to/tags/moneyCreation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moneyCreation</span></a> <a href="https://mas.to/tags/monetaryCreation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>monetaryCreation</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slogan</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a> <a href="https://mas.to/tags/CentralBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CentralBank</span></a> <a href="https://mas.to/tags/CentralBanks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CentralBanks</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/power" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>power</span></a> <a href="https://mas.to/tags/transactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>transactions</span></a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://mas.to/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>government</span></a> <a href="https://mas.to/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/administration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>administration</span></a></p>
Eric Maugendre<p>Nobody ever reimburses national debt. Sovereign states restructure it.</p><p><a href="https://mas.to/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bonds</span></a> <a href="https://mas.to/tags/liquidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liquidity</span></a> <a href="https://mas.to/tags/liquidities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liquidities</span></a> <a href="https://mas.to/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://mas.to/tags/borrowing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>borrowing</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/PublicTreasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicTreasury</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/obligations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>obligations</span></a> <a href="https://mas.to/tags/titles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>titles</span></a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slogan</span></a> <a href="https://mas.to/tags/macroEconomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>macroEconomics</span></a> <a href="https://mas.to/tags/rents" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rents</span></a> <a href="https://mas.to/tags/funding" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>funding</span></a> <a href="https://mas.to/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a></p>
Eric Maugendre<p><span class="h-card" translate="no"><a href="https://mastodonapp.uk/@keefeglise" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>keefeglise</span></a></span> </p><p>The sovereign state borrows from other financial institutions: the national Treasury offers an "obligation" or a "bond" whereby it <a href="https://mas.to/tags/promises" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>promises</span></a> to later give away its fiat currency in exchange for the actual payment of money or title presented by the rentier.</p><p>It gets more complicated: <a href="https://mas.to/@maugendre/109760408033385603" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mas.to/@maugendre/109760408033</span><span class="invisible">385603</span></a></p><p><a href="https://mas.to/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://mas.to/tags/borrowing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>borrowing</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/obligations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>obligations</span></a> <a href="https://mas.to/tags/titles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>titles</span></a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slogan</span></a> <a href="https://mas.to/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> <a href="https://mas.to/tags/macroEconomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>macroEconomics</span></a> <a href="https://mas.to/tags/rents" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rents</span></a> <a href="https://mas.to/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bonds</span></a> <a href="https://mas.to/tags/funding" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>funding</span></a></p>
Eric Maugendre<p>“The U.S. government is not like a household. It is the issuer of the currency. It doesn’t need to ‘get’ money from anyone else—not from taxpayers, not from China.”</p><p>– Stephanie Kelton (economist, former US Senate Budget Committee Chief Economist)</p><p><a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slogan</span></a> <a href="https://mas.to/tags/quotes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>quotes</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/power" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>power</span></a> <a href="https://mas.to/tags/transactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>transactions</span></a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://mas.to/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>government</span></a> <a href="https://mas.to/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://mas.to/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/Kelton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kelton</span></a> <a href="https://mas.to/tags/StephanieKelton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StephanieKelton</span></a></p>
Eric Maugendre<p>Is borrowing a burden on future generations?<br>No, it's not: if the borrower is a nation-state, then no person (children or taxpayers) will be asked to repay.</p><p>“Paying off the debt” is just the sovereign swapping Treasury securities (savings) for cash. No burden is passed on to persons.</p><p><a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slogan</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/liquidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liquidity</span></a> <a href="https://mas.to/tags/liquidities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liquidities</span></a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/transactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>transactions</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/administration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>administration</span></a> <a href="https://mas.to/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>government</span></a> <a href="https://mas.to/tags/sovereignty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>sovereignty</span></a></p>
Nonilex<p>“It was like an aspiration for most the world. And we’re eroding that <a href="https://masto.ai/tags/brand" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>brand</span></a> right now,” <a href="https://masto.ai/tags/billionaire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaire</span></a> <a href="https://masto.ai/tags/KenGriffin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KenGriffin</span></a> said.</p><p>Griffin, founder of one of the largest hedge funds in the world, said that traders are concerned about parking their investments in the <a href="https://masto.ai/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnitedStates</span></a> — particularly US <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Treasury</span></a> <a href="https://masto.ai/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bonds</span></a> — because <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> have destroyed faith that America will remain a TRUSTED &amp; RATIONAL actor in global financial markets.</p><p><a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpcession</span></a> <a href="https://masto.ai/tags/Citadel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Citadel</span></a> <a href="https://masto.ai/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a></p>