Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
lxgr
6 months ago
|
parent
|
context
|
favorite
| on:
The Fed says this is a cube of $1M. They're off by...
It’s the other way around. The treasury issues bonds; the Fed buys (or repos) them in exchange for newly issued USD.
smj-edison
6 months ago
[–]
Oh whoops, you're right!
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
