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Care putting those numbers into perspective with say, the amount of money the government has poured into the housing bubble over the past twenty years? A quick
by mindslight 3y ago
Care putting those numbers into perspective with say, the amount of money the government has poured into the housing bubble over the past twenty years? A quick search says the current balance sheets of Fannie and Freddie are $5T. Money, especially fiat money that is conjured on a whim, is an abstraction and I'd say it's much better to have it directed to strategic purposes than squandered as aimless handouts to asset holders.