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If I'm remembering 2008 correctly, the Fed bought bundles of "distressed" assets off of the banks at roughly pre-recession market prices and claimed that they were going appreciate over time (when everybody knew they were going to remain worthless).
I guess we can call this ''reflating'' the bubble. That's what they'll do again.
If I'm remembering 2008 correctly, the Fed bought bundles of "distressed" assets off of the banks at roughly pre-recession market prices and claimed that they were going appreciate over time (when everybody knew they were going to remain worthless).