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Reserve assets continue to shrink
Still unwinding from the subprime crisis
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49 sats \ 2 replies \ @optimism 18h
Triggered me to zoom out on the second chart:
Dollars:
Indexed on 2020-01-01:
I guess we're not even dealing with subprime crisis winding down yet - still dealing with covid printing?
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Interesting. I didn't know they gobbled up so many more mortgage backed securities during Covid.
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63 sats \ 0 replies \ @optimism 18h
Yeah I saw that a while ago which was probably why the graph and your mention of subprime crisis triggered me. They almost doubled MBS at peak!
I was meaning to dig into what the rationale was, but it's low priority for me and I have a gazillion things to do, so maybe, if I'm ever bored.
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131 sats \ 2 replies \ @Hodl117 19h
Looks like the curve they're selling at is leveling out soon, and the chances they get to pre-2020 levels are slim.
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No, that's not very likely. More likely, they're clearing up space for the next round of big stupid bailouts.
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42 sats \ 0 replies \ @optimism 17h
That's what I think too. Which is good for my sats I guess, but I do hate being selfish like that.
Got 2 people orange pilled during my vacay last week... it's not enough.
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From a saver’s angle, the signal is simple: if the supposedly risk-free asset now demands 5%, the opportunity cost of sitting in cash is basically gone... Slow & steady, self-custodied sats stacking still feels like the least-stress “bond insurance” out there. Not financial advice.
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absolutly right :)
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