The toxic loans absorbed by the Fed in 2008 are still on their books. They made a good dog-and-pony show how quantitative easing was only "temporary" and they'll sell the radioactive waste when the time is right, ignoring that no sane buyer will buy Jamal and Tyrone's mortgage-backed securities.
The toxic loans absorbed by the Fed in 2008 are still on their books. They made a good dog-and-pony show how quantitative easing was only "temporary" and they'll sell the radioactive waste when the time is right, ignoring that no sane buyer will buy Jamal and Tyrone's mortgage-backed securities.