Your argument seems rational, and I by no means trust everything I read anymore, but I wonder why the jump was made to “DJT” chairmen of the Fed was made or where that connection took place. You suppose nothing more than clickbait?
The author appears to be arguing (speciously) that DJT could sort of “commandeer” these SPVs to do his own bidding. But that’s not how it works. That’s why Blackrock is there, to ensure each entity stays within its lanes. And there are predefined rules that ensure one side can’t just “take over” the SPV. Think of it like a trust, with Blackrock as the trustee.
Your argument seems rational, and I by no means trust everything I read anymore, but I wonder why the jump was made to “DJT” chairmen of the Fed was made or where that connection took place. You suppose nothing more than clickbait?
The author appears to be arguing (speciously) that DJT could sort of “commandeer” these SPVs to do his own bidding. But that’s not how it works. That’s why Blackrock is there, to ensure each entity stays within its lanes. And there are predefined rules that ensure one side can’t just “take over” the SPV. Think of it like a trust, with Blackrock as the trustee.
Well if it helps do nothing more than put some restraints on the Fed I’ll be happy