fsebugoutzone.org:9999

       Post AVK5c0SWZNb6DSVOUq by philtor@fosstodon.org
 (DIR) More posts by philtor@fosstodon.org
 (DIR) Post #AVK5c0SWZNb6DSVOUq by philtor@fosstodon.org
       2023-05-04T20:39:44Z
       
       0 likes, 0 repeats
       
       Latest US treasury auction has 4 week tbill paying almost 6%. Somebody&#39;s worried about a default in about 4 weeks.
       
 (DIR) Post #AVK5c1cUFpA1oeArfE by mike805@fosstodon.org
       2023-05-04T20:50:17Z
       
       1 likes, 0 repeats
       
       @philtor it was actually higher than the eight-week in today&#39;s auction. I got the 8 😞 oh well.If T-bills really default (not just delayed pay, but lose your money) then nothing denominated in dollars is worth more than its heating value when you burn it.
       
 (DIR) Post #AVK5c2Hbmw3PsBPhlA by thatguyoverthere@shitposter.club
       2023-05-04T20:55:00.377866Z
       
       0 likes, 0 repeats
       
       @mike805 @philtor if that happens I&#39;m going to start a charcoal business. &quot;Turn your USD into charcoal&quot;