Like, what's its purpose, and why is it so different from normal open-market operations? It seems like its just like open market operations, but just buying longer-term treasuries?

  • culpritus [any]
    ·
    3 years ago

    If market participants aren’t feeling particularly jubilant, they must be compelled to act like they are so that the whole scam to keep running

    seems like LTV and labor alienation still apply to this whole system, even to those whose 'labor' is just moving around piles of money

    anyway, great prose you've strung together there