🚨BREAKING: FED schedules $16.5BN MBS purchases for next 2 weeks, bringing total thru May 26 to $34.5BN.
— Occupy The Fed Movement (@OccupytheFeds) May 13, 2022
FED's own forecast of MBS principal payments for all May: $24.3BN. No explanation for discrepancy with rates now higher.
Housing inflation continues to soar out of control. pic.twitter.com/KCMFpnOKBA
2022-05-19
Fed Still Blowing the Housing Bubble
Can't make this stuff up. Wish I could, wish it was a conspiracy. Destruction of the economy in plain sight. Sure, there will be a housing crash, but by blowing it bigger, it only makes for a larger crash. They're supposed to be fighting inflation and yet still inflating housing credit. The Fed should be abolished. Period. It had a good run and its time to go. To paraphrase Jackson, kill the bank before it kills America.
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