Here's your daily reminder that the @federalreserve is still lying about ending QE.
They bought another $2.099B in MBS today.
Please join us in our call to stop Jerome Powell's confirmation and retweet this message, before it's too late to #StopJPow
This madness has to end. pic.twitter.com/4Y5gVIuflA
— The Inflationlands (@apparentlyexemp) March 24, 2022
Don't believe us?
They are literally admitting here that they have bought $2.7T in **Residential** MBS', to "provide nonbank servicers the needed liquidity" "even when they are not receiving payments from the borrower"
Thus, propping up the housing market
A story in 4 pictures pic.twitter.com/JtIkXSH2Qx
— The Inflationlands (@apparentlyexemp) March 24, 2022
1 view