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> The US government can borrow money very cheaply, and buy mortgages at fear driven low prices, which should allow it to make a profit from the rescue, if it bu
by dejb 18y ago
> The US government can borrow money very cheaply, and buy mortgages at fear driven low prices, which should allow it to make a profit from the rescue, if it buys at the market price:
Is anyone reminded of the concept of doubling down on your bet when they see this? I guess it is strictly correct although I don't like the chances of the goverment buying at market prices though.