Buying Mortgage backed securities is not printing $ and ultimately will be profitable for the government. Especially if they buy some of the higher rate securities they can make a quick profit on their $. Financials and the stock market are rallying due to Mark to Market fixes and the fact that things eventually hit a bottom and had to go up. This is not like most government programs this will make the Gov't $ unlike every other program/stimulus that is just government spending....
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