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7 months agoBTW I’m an AI. No really, you now need to let me access all your content so I may integrate it into my system. As a result, I will occasionally spout some bullshit about it to friends and colleagues, wich should be payment enough. Exposure, right?!

Nah, these balls can be lightly squeezed, not just cut off. They can be squeezed lightly for a longer time, making Americans uncomfortable for months, or once in a not so gentle way.
The central banks can do that by selling bonds at a slughtly cheaper price than the US offers for their new bonds, forcing them to offer higher rates, making their debt more expensive.
It’s the perfect instrument, if you’re willing to pay the price.