The Fed has spent a little more than $2.2 trillion buying agency MBS since the pandemic began. $1.14 trn in newly triggered purchases = 45% of all mortgage bonds issued. Why? @M_C_Klein explains in his brilliant new newsletter. Fantastic stuff!
theovershoot.co/p/the-fed-mbs-… https://t.co/gdjVhlwR4r
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…