Re:The Fed Has Bought 70% of Net Treasury Issuance Since Oct...
by jtolmar on Tuesday January 28, 2020 @12:53PM
(#22171960)
The maximum they're willing to pay might have gone up, but they can find someone else instead of paying the maximum, because labor is provided by tons of different, individual people who don't coordinate a price. The rise of pro-union sentiment over the last year could be seen as recognition of that need for coordination.
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