Finally.
At least they acted fast.
I don’t know what kind of haircut theh fed’s taking but the reality is it doesn’t matter. I liquidity’s a problem vs govt bonds there is NO PROBLEM, except the Fed making the problem and then no proviso for not fixing the problem they made. 🙂
Source date (UTC): 2023-03-13 00:35:31 UTC
Original post: https://twitter.com/i/web/status/1635077090642100224
Reply addressees: @TysonBay @Max_Stoic
Replying to: https://twitter.com/i/web/status/1635075834544541696
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