4 ms·
I was going to call you out on conflating TARP with QE, which bought Treasury bonds, but I now see that was just QE1. QE2 and 3 bought mortgage backed securitie
by maaku 11y ago
I was going to call you out on conflating TARP with QE, which bought Treasury bonds, but I now see that was just QE1. QE2 and 3 bought mortgage backed securities and bad bank debt. Disgusting.