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gaurav0792 t1_jaat9zl wrote

I don't get it. Why did the Fed buy a shit ton of MBS and pump housing along with QE ?

Housing was already hot. What the fuck JEROME ?

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PotatoWriter t1_jabl7a7 wrote

Because it ends up with more $$$ pooled up to the top. That's the entire game since the beginning of time. Accumulate wealth at the top. Pull rug from everyone else, rinse repeat.

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Invest0rnoob1 t1_jabpc65 wrote

Can’t let the poors have too much. It causes inflation.

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