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deevolution
on April 10, 2020
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Fed to buy junk bonds, lend to states in fresh vir...
Why would the loans be high interest? Fed interest rate right now is almost 0%. In some countries the interest rates are below 0. Why do banks have the special privelage of barrowing at this rate but people don't? Its a scam!
mardifoufs
on April 10, 2020
[–]
The high yield bonds the FED is buying are high interest. Also the banks have access to those low interest rates because they usually have collateral.
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