top | item 35146029 (no title) glasshug | 3 years ago They started such a program this week: https://www.federalreserve.gov/monetarypolicy/bank-term-fund... discuss order hn newest dimal|3 years ago That doesn’t buy them back. It allows banks to use them as collateral for a loan. So it provides short term liquidity, but the banks are still on the hook if prices don’t recover. The hope is that eventually prices will recover.
dimal|3 years ago That doesn’t buy them back. It allows banks to use them as collateral for a loan. So it provides short term liquidity, but the banks are still on the hook if prices don’t recover. The hope is that eventually prices will recover.
dimal|3 years ago