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by landemva 1189 days ago
> The fed ... could simply allow all member banks to exchange low interest rate long term bonds for new higher yield bonds and pay the Fed for the spread with a loan.

Maybe we should admit Congress will never repay the national debt and simply have the Fed purchase new federal debt issuance. The current complicated charade just pays banker bonuses.
1 comments
s1artibartfast 1189 days ago
SVB was holding 91 billion dollars of underwater securities (with a fair market value of 76) . The FED is currently holding 2.7 trillion with a t dollars of underwater securities
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digitaltrees 1189 days ago
They are only underwater if they are forced to sell. Why would the fed be forced to sell?
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