Ditto! We've never "taken our medicine" and rectified our behaviors... more and greater pain to come.
Redeem? It can hold them to maturity. Or it can sell them back to the market. Or in the case of MBS, it can write them off.
Doesn't EVER have to. Can just hold to maturity. When/if they sell sooner, would drive interest rates higher. So, let' say they "hold until maturity". Apparently marketplace would be OK with that for now. But what about the next "go round"? Could they keep increasing their balance sheet ad-nauseum without the rest of the world going "no mas" and trash the $USD? Read more >> Options >> Match: ad nauseam and others. ad nau·se·am (ăd nô'zē-əm) adv. To a disgusting or ridiculous degree; to the point of nausea. [Latin ad, to + nauseam, accusative of nausea, sickness.] © Houghton Mifflin Company Copyright © 2014 Answers Corporation. All rights reserved. Terms of Use Privacy Policy IP Notices Disclaimer
it's always this saying, "when your friend loses his job, recession. when you do, depression." i'm selfish, so i don't care about QE193 or 30-year yields at 0% or Dow at 200k. If my accounts go up, good. if not, bad. let's see, 6 years ago to now. I'm better off in some things, worse in others. but overall i wouldn't do the years over again, since my health is very good and i've learned that is paramount. you can make more money, harder to make better health. the macro economy has nothing to do with me, or the micro. i make my choices and i'm pretty much in control of my future. i'm not blaming statistics.
Would be awesome if we all lived 6 year lives, had no children and were born at the advent of QE and died when it was over.