That’s Agency Debt, which I specifically stated can be used as collateral for a ... | Hacker News

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		quickthrowman on Dec 23, 2019 \| parent \| context \| favorite \| on: New York Fed Again Upsizes Liquidity Plans for Tur... That’s Agency Debt, which I specifically stated can be used as collateral for a repo loan.

Red_Leaves_Flyy on Dec 25, 2019 [–]

And if that mortgage debt is overvalued rubbish who pays?

I'm trying to avoid pedantic arguments and focus our discussion on the safeties and how effective they can be when the unthinkable happens.

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