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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (474736)	6/10/2021 4:24:28 PM
From: cosmicforce	Read Replies (2) \| Respond to of 542147

Woulda, coulda, shoulda - I mean both houses of Congress and the Executives have bloomed the debt. It continues now - look at the chart as a function of GDP. Look - I'm not a Republican and haven't been an Independent for years. However, what I'm seeing now is insane - we have a dysfunctional and an unaudited Federal Reserve working secretly in the name of national need. Did Obama start any audits of them? No - this is what I'm saying - a dereliction of duty. Can you tell me the lifecycle of mortgage backed securities or repo vs reverse repo? No - most people can't and these instruments are the backbone of our financial markets.