This was like air dropping diesel on a forest fire. It will not solve the 2 underlying causes of the problem, trillions in home values lost adn teh arms that are resetting. If anything this will make it worse.
Providing liquidity? That's funny. Wrong, but funny.
It will not solve the 2 underlying causes of the problem, trillions in home values lost adn teh arms that are resetting.
Nobody said that it would. Nobody said that's the purpose of providing liquidity.
If anything this will make it worse.