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Very few bonds are callable. And why would the Fed need to call the bond, it's not like they are short of cash. lol. Either way, I wasn't "pretending there's
by rmah 6y ago
Very few bonds are callable. And why would the Fed need to call the bond, it's not like they are short of cash. lol.
Either way, I wasn't "pretending there's no limit and no deleterious effect". As you stated, that would be wrong. There are obvious and not-so obvious problems with central banks engaging in QE (i.e. buying financial assets as a means of injecting money into the system). But this thread was about QE via corp bonds vs the Fed handing out gifts to the public so I didn't go into that.