@lajie.bsky.social
International public finance and democracy mainly
Incognito so I can be feisty
Incognito so I can be feisty
April 19, 2025 at 4:46 PM
![One of the things we’ve always said made the U.S. [dollar] the reserve currency, is the transactability, the liquidity, the transparency, the rule of law and markets. So, if you’re talking about essentially going in and forcing people into non-marketable, long-term debt agreements, how does that impact the rest of the market?
Do interest rates go down or up with that? Do the people that are holding the marketable securities run away because you’re showing that the U.S. is no longer a transparent, trustworthy counterparty? It’s more like China, where you can step in at any moment and say, “You go into this agreement, or I’m going to clobber you with tariffs.”](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:tr7g6zjlznljkhyv6sdafava/bafkreigly6qk74xjpggrlmzbxega66tg4pyyxuqsiksonvcrvdnnirlmbu@jpeg)
April 2, 2025 at 12:57 AM
Obligatory comic @mattbors.bsky.social
February 12, 2025 at 2:30 AM
Obligatory comic @mattbors.bsky.social
Obligatory comic response @mattbors.bsky.social
February 8, 2025 at 8:35 PM
Obligatory comic response @mattbors.bsky.social