The Fed is going to lower its mortgage loan book and swap it into Treasurys, which sets off my danger flares. Trump has let loose the dogs of debt, and the U.S. will need to sell a $1 trillion in extra debt a year going forwards.
The Fed is going to lower its mortgage loan book and swap it into Treasurys, which sets off my danger flares. Trump has let loose the dogs of debt, and the U.S. will need to sell a $1 trillion in extra debt a year going forwards.
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