Zeev's Turnips Patch-No Politics (ZEEV)

[S Chun-Li]

I'm thinking aloud here rather than making a prediction, but does the following make sense?

If the US govt prints money to buy its own bonds then that makes more money, which weakens the value of everyone else's dollars, which makes dollar denominated bonds less attractive, which tends to push yields up. So maybe buying bonds wouldn't work to keep rates down. Although it would be an effective way of reducing the public debt.