160 Operation Sandman: 100+ nations simultaneously sell off their US Treasury holdings, thereby collapsing the US Dollar (twitter.com) posted 1 year ago by kula 1 year ago by kula +160 / -0 59 comments share 59 comments share save hide report block hide replies
Who buys them? And how does selling them make them worthless? If I have 100 cars and sell all at once. I no longer own them, but they are still out there owned by sombody and still worth a 100 cars.
Doesn't the Fed have to buy them? Maybe I'm wrong but I think the Fed buys the Treasuries on the open market using made up money.
I don't know either, but I am going to revisit this post throughout the day for comments that may allow me to know.
Hypothetically, it could all start in Japan. They have been buying their own debt.
https://twitter.com/Mickey4x/status/1684803479666118657?s=20