That's right. Uncle Sam will stop buying MBS soon, but beyond that, do the banks really think that these low lending rates will not be overwhelmed by inflation?
I am with you...I don't know how they can't see this treasury asset bubble that has been created, and the inflation ramifications it will have when it goes "pop"!
Amen. They are investing in an asset that regardless of what anyone says can't be valued until Uncle Sam stops buying MBS.
ReplyDeleteThat's right. Uncle Sam will stop buying MBS soon, but beyond that, do the banks really think that these low lending rates will not be overwhelmed by inflation?
ReplyDeleteI am with you...I don't know how they can't see this treasury asset bubble that has been created, and the inflation ramifications it will have when it goes "pop"!
ReplyDelete