特朗普印钞救市

Group 1 - Trump has initiated a $200 billion purchase of mortgage-backed securities (MBS) to lower mortgage rates and make home buying cheaper, bypassing the Federal Reserve's traditional rate-cutting procedures [1][2] - This action is described as a "presidential version of QE," which is more dangerous than traditional quantitative easing as it removes monetary policy from the central bank's control and turns it into an administrative directive [2] - The execution of this policy will be carried out by government-controlled entities, specifically Fannie Mae and Freddie Mac, which have $200 billion in cash available for this purpose [2] Group 2 - The process involves the government using cash from these entities to buy MBS on a large scale, which will increase bond prices and lower mortgage rates, similar to the transmission path of the Fed's QE in 2008 and 2020, but with broken power boundaries [2] - Investors have quickly recognized the presence of an "infinite buyer" entering the market, which has led to a surge in U.S. stock futures, gold, silver, and Bitcoin [2] - This policy experiment is just beginning, and a true revaluation of pricing is still to come [3]