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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Real Man who wrote (404332)5/7/2010 4:19:49 PM
From: ahhaha  Read Replies (1) of 436258
 
If the Fed buys 1.25 Trillion MBS for it's account, creating
1.25 Trillion in the process,


Nope. Stays on FED's balance sheet. Rememeber what I said? What do we care?

then sells said MBS, which are POSes, for 250 billion

I claim they will sell them for $1.75T. They will become operational, that is, new owners will pay their mortgage loan.

their SOMA account is unchanged.

True, but SCMA won't.

They printed 1 Trillion dollars.

Didn't comprehend my Taccount explanation. Look it up.

It's hard to trade and explain elementary things while typing rapidly, doing all that work, and for nothing. It's Unamerican.
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