Nah, All these financiers are just getting caught up in semantics trying to ignore the reality of the situation. No the fed doesn't "own" anything, because they

Nah, All these financiers are just getting caught up in semantics trying to ignore the reality of the situation. No the fed doesn't "own" anything, because they haven't "bought" anything. The fact remains that they've spent over a trillion dollars on junk bonds and they are almost singlehandedly financing the entire economy right now.