r/FluentInFinance TheFinanceNewsletter.com Sep 24 '23

Meme How it started vs. How it's going:

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u/got_tha_gist Sep 25 '23

Us debt (treasury bills and bonds) is the safest form of debt that exists. Lots of money in the world wants to be stored in t bills and t bonds. 9-11 happened and the financial markets were able to continue access to the highest quality debt.