
IPFS News Link • Government Debt & Financing
Ponzi: Treasury Issues $1T in New Debt in 8 Weeks--To Pay Old Debt
• CNS News.... "Every week we roll over approximately $100 billion in U.S. bills," Lew told the committee. "If U.S. bondholders decided that they wanted to be repaid rather than continuing to roll over their investments, we could unexpectedly dissipate our entire cash balance."...
2 Comments in Response to Ponzi: Treasury Issues $1T in New Debt in 8 Weeks--To Pay Old Debt
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