_huppenzuppen t1_je71n6a wrote on March 29, 2023 at 9:38 PM

Reply to comment by SpererZero in Ultramassive black hole over 30 billion times mass of our sun has been spotted. The discovery had been made possible thanks to a phenomenon known as gravitational lensing — the first time a black hole has been spotted in such a way. by Wagamaga

*its, *affects, *its, *Schwarzschild

_huppenzuppen t1_jdym4y5 wrote on March 28, 2023 at 3:23 AM

Reply to comment by borrowedbook1 in The economy in 2023 for dummies by Temperature_Foreign

>If an AP econ eassy I would give it an A. Got all the basics correct just none of subtleties. The sexy parts.

OP got the basics wrong as well

_huppenzuppen t1_jdylj1b wrote on March 28, 2023 at 3:17 AM

Reply to comment by Temperature_Foreign in The economy in 2023 for dummies by Temperature_Foreign

> In order to raise money by selling bonds, the government has to make bonds an attractive asset. That is, the bonds have to be a good investment, and provide good returns to those who buy the bonds.

> This means that the federal reserve must raise the interest rate, because that determines the yield of bonds.

That's just plain wrong. The yield of a bond is determined by supply and demand of this very bond, it does not depend on the interest rates from the fed. If no one wants to buy this bank's bonds at 1%, they have to raise the interest of it. There were quite a few high yield bonds even before the rate hike.