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You've been wondering how we're going to pay for the bailout?
Raising taxes?
Nope.
Printing more money?
Kind of.
The way we do that is by selling Treasuries.
And guess who's buying.
About the author
Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy. Follow Kai on Twitter @kairyssdal.
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Wow! a site redesign. So with China, I guess they have to buy enough of our T-bills so that we can straighten out our finances and start buying more of their products, which in turn increases the overall demand for gas and then the price of gas goes up and then demand for smaller imported cars goes up and then the value of GM goes down and then the fed bails out the auto industry by selling more T-bills... to the Chinese. Have I got it right?
