RT @HannoLustig: 6/ if you're a bank and you hold MBS, and you just lost a ton of money, you can borrow against what you paid for the MBS, not what it's worth now. another layer of taxpayer protection: not just the credit risk, but also the interest rate risk..but only if you're bank.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1636409390994694144