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A comment on USDC's Circle Moves $8.7B to Repo Agreements to Protect Reserves from US Default. Parent comment

Re:USDC's Circle Moves $8.7B to Repo Agreements to Protect R... by pjc50 on Thursday May 18, 2023 @10:13AM (#35988219)
How is the stock of a private company linked to the debt of its government? There's no working shown here.
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Re:USDC's Circle Moves $8.7B to Repo Agreements to Protect R... by makestuff on Thursday May 18, 2023 @10:56AM (#35988876)
Just a hypothesis based on research that has shown around 100b of covid relief money went into the stock market. Like I said originally, maybe correlation != causation. So there is a link to more money printed by the fed inflating asset prices. If that printing stops due to debt to gdp being too high then that could cause asset prices to stagnate.

https://hbswk.hbs.edu/item/did-pandemic-stimulus-funds-spur-....

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