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The MBS Slope n’ Swap
If executed perfectly, this swap allows the Fed to neutralize a shrinking money supply by swapping $2 trillion in mortgages for $2 trillion in government debt.
Original article: https://mises.org/power-market/mbs-slope-n-swap
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By Mises Institute
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If executed perfectly, this swap allows the Fed to neutralize a shrinking money supply by swapping $2 trillion in mortgages for $2 trillion in government debt.
Original article: https://mises.org/power-market/mbs-slope-n-swap
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