let machine do the chores
fed has been doing qe since 2008 cricis , real estate prices was criminally inflated then
how does boc do it ?
fund managers use their current fund assets as security, which are at rock bottom price
fund managers can borrow from boc and buy more stocks at ultra low intereast
security held would be redeemed at original prices
I thought this is very smart
how does boc do it ?
fund managers use their current fund assets as security, which are at rock bottom price
fund managers can borrow from boc and buy more stocks at ultra low intereast
security held would be redeemed at original prices
I thought this is very smart
just transferred on past Saturday, will see how thing go