Oddbean new post about | logout
 It's because the FED backs their guarantee,  why? Because they can simply print their way pit of it in a "bail out" 

Someone has to pay, and it's the tax payers 
nostr:nevent1qqswntz20knee2awakyx8sst3u2w9x43pkx0zlpdhtjwmz0dnctc6qcpzdmhxue69uhk7enxvd5xz6tw9ec82c30qgs0eac2gh86s9l24qfmnw52xawhz0f3d862yleaetpafygjmanaxlsrqsqqqqqpg57prf