7/9 Would Stock Buying Be Permanent? Additionally, Trump would most likely argue that any such purchases of stocks should be permanent rather than temporary. And don’t be surprised if he wants to include crypto in the mix. Given some of Trump’s previous comments, he might be in favor of the Treas
Speculation that Trump may support permanent government stock buying including crypto.
1/9 Eric asks a reasonable question: what should be done about a future stock market slump? Specifically, should the Fed buy stocks? 🧵 tl:dr * The legal process for the Fed buying stocks means the Treasury actually owns them, the Fed finances it by extending loans to buy the stocks. * Trump wi
7/9 Would Stock Buying Be Permanent? Additionally, Trump would most likely argue that any such purchases of stocks should be permanent rather than temporary. And don’t be surprised if he wants to include crypto in the mix. Given some of Trump’s previous comments, he might be in favor of the Treas
6/9 Trump’s Reaction The Trump Administration is actively trying to create a sovereign wealth fund, so a structure like the one above, which would give the Treasury a way to buy vast swaths of the stock market, would likely be approved. The current administration has already taken equity stakes i