The central banks can buy all the DB stock that they need to. The stock can go to $8 or $3…but, the CB’s can prevent bankruptsy. Interesting that Janet suddenly says that Congress can give the Fed the ability to buy stocks when the Fed already has that ability. The stock is bought thru the PTT which gets the money via the Treasury Dept which gets its money via the Fed. The NY Fed works hand in glove with the PTT, in the same NYC offices!
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