lucasx on Nostr: Question for the experts: If the bonds that SVB had are now worth $0.80 for every $1, ...
Question for the experts:
If the bonds that SVB had are now worth $0.80 for every $1, and the FED is willing to pay (or loan) the full $1 for it now, does that pervert present value such that future $1 is now $1.25 and the FED screwed everyone by 25%?
If the bonds that SVB had are now worth $0.80 for every $1, and the FED is willing to pay (or loan) the full $1 for it now, does that pervert present value such that future $1 is now $1.25 and the FED screwed everyone by 25%?