It seems like it would be a good idea to move the global financial system off th...

disgruntledphd2 · 2025-02-20T19:11:28 1740078688

Where do you put all the money? If there was a deep and liquid euro market, or if China removed capital controls then maybe.

immibis · 2025-02-21T13:32:51 1740144771

The question doesn't make sense. Money can't be "put" in places - it always circulates.

disgruntledphd2 · 2025-02-21T16:10:58 1740154258

OK, so I have $1 trillion in Treasuries, and I sell them. What do I do with the cash? Presumably I'd like other government debt. The trouble is that I need to put this into another market, so what do I choose? The total euro government bond market is 8 trillion euros, so I'm probably gonna move that market in a way that's not good for me. That's the point I'm trying to (badly, apparently) make.

Am I missing something here?

immibis · 2025-02-22T19:12:08 1740251528

The act of selling them distributes money from someone else to you.

I recommend productive investments. Whatever the other person who had the money was doing. Growing corn, for example, or making cars.

disgruntledphd2 · 2025-02-23T15:55:28 1740326128

I'll be sure to tell most pension funds and insurance companies that they should change their investment strategies, thanks!