> transfer this risk to people who want it. One party that evidently wants it is the Federal Reserve. Ever since the GFC, they've been holding about half the

> transfer this risk to people who want it. One party that evidently wants it is the Federal Reserve. Ever since the GFC, they've been holding about half the stock: https://fred.stlouisfed.org/graph/?g=17fFi https://fred.stlouisfed.org/graph/?g=17fFi