Replying to Avatar Ghost of Truth

Bloomberg actually wants to sell us German government bonds as an alternative collateral to USTs. Madness! #EU #germany #debtcrisis

3d
sms 9mo ago

There's even crazier precedent from late 1970s, when #Warshington gangsterment sold #USTreasury #bonds denominated on #German Marks and #Swiss Francs #CHF:

https://en.wikipedia.org/wiki/Carter_bonds

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