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re: Instead of trillions of dollars of “stimulus” why not just press pause
Posted on 4/11/20 at 12:00 pm to Golfer
Posted on 4/11/20 at 12:00 pm to Golfer
Banks and the Treasury work together with Fanny and Freddy. 6 months deferred notes added on to the back of the note. Fed ensures bank liquidity for those six months. Gets some of that money on the backside as the note is paid off
It’s cheaper than having to recapitalize the financial system on the back end
It’s cheaper than having to recapitalize the financial system on the back end
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