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tim 🥝@timdaub
My takeaway from online research: unclear if the Fed’s new loan program that collateralizes MBSs and bonds prints new money or if it’s redistributing. Waiting for someone to publishing something definite. But liquifying bond-locked-up cash makes a lot of unallocated new cash slash around now.
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In reply to @timdaub
3/18/2023
mad0perator.crypto@mad0perator
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
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