>>19986873>>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it<<<---The NYFed and Yellen are quietly bankrupting the country. The more debt-based treasuries issued/sold, the more they increase the US debt and bankrupt the nation.
$2.523 TRILLION in US Treasuries were issued in JUST JANUARY 2024 alone:
CASH MANAGEMENT BILLS (PICREL as example for source)
6 week $363 B
BILLS
4 week $403 B
8 week $416 B
13 week $295 B
17 week $287 B
26 week $268 B
364 day $48 B
NOTES
2 year $59 B
3 year $105 B
5 year $60 B
7 year $40 B
10 year $78 B
BONDS
20 year $12 B
30 year $45 B
FLOATING RATE NOTES
2 year $27 B
TIPS
10 year $17 B
TOTAL for currency borrowed/treasuries issued in January : $2.523 TRILLION
We are now issuing treasuries to pay interest on treasuries.
We can no longer afford the Federal Reserve Note or the NYFed's securities casino.