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A comment on New York Fed Again Upsizes Liquidity Plans for Turn of the Year. Parent comment

Re:New York Fed Again Upsizes Liquidity Plans for Turn of th... by Red_Leaves_Flyy on Thursday December 19, 2019 @08:05AM (#21834524)
Looking at yesterday, there were mortgages used as collateral.

https://apps.newyorkfed.org/markets/autorates/tomo-results-d...

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Re:New York Fed Again Upsizes Liquidity Plans for Turn of th... by quickthrowman on Monday December 23, 2019 @07:42AM (#21863262)
That’s Agency Debt, which I specifically stated can be used as collateral for a repo loan.
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Re:New York Fed Again Upsizes Liquidity Plans for Turn of th... by Red_Leaves_Flyy on Wednesday December 25, 2019 @09:02AM (#21878505)
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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