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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Munger_Disciple 🐝  😊 😞
Number: of 21944 
Subject: Re: The Excess Cash
Date: 07/28/24 10:27 PM
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Every month, the government SELLS about $180B of new bonds (new meaning over and above all the refunding of old bonds), does this mean that you believe the only way all those bonds are being bought ($1.3 trillion so far in 2024) is if people sell stock to raise the money to buy those bonds?

Those bonds are sold to finance deficit spending by the govt. So Govt spends first which creates bank reserves in the private sector. Then the treasury issues bonds. The excess reserves in the private sector are then removed and replaced with interest paying govt bonds. This has nothing to do with stock market transactions.
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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