WARREN MOSLER | Modern Monetary Theory

Re: Agency details

[Skip to the end] (an email exchange) >    >   On Sun, Sep 7, 2008 at 8:33 PM, Mike wrote: >    >    >   In exchange the Treasury receives

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Agency take over

[Skip to the end] Recap: If I’m reading it right, the agencies will fund directly through the Treasury. I’ve been suggesting this for many years.

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MBS Repo Markets

Thanks Pat, good report. Yes, the Fed knows the assets won’t go away, and all they want is to see funding spreads narrow to help

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