USA treasury, made the above statement, with the {federal reserve}.Putting things together ,so far China and others have purchased USA Treasury BONDS...that pay very little interest 0% to 3.19% for 10 years,30 years 4.3%++++++ok here is the question.
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bonds are like a see\/ saw 1] one side interest ie 4% 2] other side
the face issue of bond say $1,000,000 us.
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if interest rates for new 30 yr bonds goes up 1%[THE VALUE OF THE BOND IF SOLD , FALLS TOO $800,000 20% TO 15% TO 0% IF BOND IS TO MATURE IN 1 DAY[ 29 YEARS 359] DAYS.
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QUESTION IS: THE federal reserve has been buying 660,000 billion
dollars of USA treasury bonds now {1}where does the federal reserve get
the cash TO BUY THE BONDS [2]DO THEY PRINT THE MONEY? [3]IF THE CHINESE, OTHER COUNTRIES ARE HOLDING BONDS+that are worth 75 cents
in the free market, What Price does the [federal reserve pay our "friends" [friends would be unhappy if they got less than 100% of the face value+++++[SINCE THE FEDERAL RESERVE,not federal, not usa government, not audited, owned , by other banks world wide since
created pre 1920:--------------------------------------------------
______________________________________________________________________So , please tell me how this works? I am older, [ my father said too
soon old++++too late smart}WHO CAN TELL ME the truth in this 4 part question?????????????????????????????!!!!!!!!!?????????????????