Tim Knowles
Aug 1, 2021

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Yes bond sale are limited by the Treasury but they sell more bonds than are needed immediately. They create a buffer so they don't have to make emergency sales.

"Eventually, bond sales are always limited by the offering made by Treasury, which is always equal to its deficit spending."

Bond sales are not equal to deficit spending they are always greater except when Congress forces the government to shut down because the Treasury is running out of money and they won't raise the debt limit.

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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