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Tuesday, February 27, 2024 9:15:22 AM
DC
I agree - now its politics
I agree banks like the liquidity
I agree GOV likes the stability and back up
but
how does Treasury get any money ? As I understand it - all income (fees - bond trading - whatever) stays at F and F to a SINGLE bottom line - no item by item profit "moves" --- then all profit in actual $$ goes to F and F reserves/capital. GOV gets IOUs - that I assume can not be used in any FEDERAL budget math
so logic seems sound but for the part that somehow in 2024 there is aid to GOV for budget deficits. (Now IMO if GOV killed the SP/LP as paid off 300 on the 200 ----- and exercised the WTS - the GOV (not FHFA not F not F ) would likely have 100B for TREASURY - in the general fund
I agree - now its politics
I agree banks like the liquidity
I agree GOV likes the stability and back up
but
how does Treasury get any money ? As I understand it - all income (fees - bond trading - whatever) stays at F and F to a SINGLE bottom line - no item by item profit "moves" --- then all profit in actual $$ goes to F and F reserves/capital. GOV gets IOUs - that I assume can not be used in any FEDERAL budget math
so logic seems sound but for the part that somehow in 2024 there is aid to GOV for budget deficits. (Now IMO if GOV killed the SP/LP as paid off 300 on the 200 ----- and exercised the WTS - the GOV (not FHFA not F not F ) would likely have 100B for TREASURY - in the general fund
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