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In reply to @timdaub
mad0perator.crypto@mad0perator
3/18/2023

They are buying debt at par with 100% margin. They are creating money. If I have a collateral trading at $1 they will give me $2 for it

In reply to @mad0perator
tim šŸ„@timdaub
3/18/2023

this is exactly the issue with everyone discussing online. I donā€˜t understand enough. If e.g. the FDIC had a budget in line with how many deposits are insured, then they could take that money and redistribute it to make depositors whole. Is this the case? I donā€˜t know