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Leverage and subsidies. The money did not exist to begin with, hence the FED balance sheet and gov't debt. The money is funneled into these assets by regulator
by ghastmaster 7y ago
Leverage and subsidies. The money did not exist to begin with, hence the FED balance sheet and gov't debt.
The money is funneled into these assets by regulatory incentives 401k, HUD, federal student loans, etc. The seller's money goes toward that as well.
- eru 7y agoI still don't understand. After all those assets have increased in price, the money is still not 'locked up'.