Matt on Nostr: Yeah, I agree, buying up MBS and then selling them back into the market or holding ...
Yeah, I agree, buying up MBS and then selling them back into the market or holding them til maturity doesn’t sound like something the Fed should be or is capable of doing. And that’s just to get around not being able to just print without Congress consent?
Honestly, just printing may be less detrimental to the average citizen as the sellers of these assets are the only ones that truly gain (and exponentially).
Literally none of it makes sense. Rube Goldberg machine that relies on the majority not understanding.
Published at
2023-07-09 18:01:34Event JSON
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