5 ms·
The bankers are not the ultimate buyers of mortgage bonds. The Fed is. So, these low interest rates are not a predictor of lack of inflation, but a reflection
by new_realist 5y ago
The bankers are not the ultimate buyers of mortgage bonds. The Fed is. So, these low interest rates are not a predictor of lack of inflation, but a reflection of policy. The government is taking this risk.
- sschueller 5y ago"The government is taking this risk" meaning the Tax payer. Which is you and me but not people like Bezos or Musk.
- xxpor 5y agoThat's not how a sovereign budget works.