Current issues with the market - Any ideas on avoiding the end?

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WHAT IS THE REPUBLICAN PLAN TO COMBAT INFLATION?
We don't have a plan but neither do they!

The CPI news this morning was so awful that it changed the bond market’s view of Fed trajectory, and the weakest sector broke. In bond jargon, MBS went “no-bid.” No buyers for MBS.
Anyone know what the bolded by me means for us?
 

Interesting thread about what people did during the last two bubbles.

Screenshot_20220613-071719_Bromite-01.jpeg
Dune dijo:
I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.
 
OOF
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Is this going to stop anytime soon, or will it hit sub 20 by the end of the week?

The Tether fraud appears to be unwinding. They've been burning USDT at an unprecedented rate. Since that's where nearly all the liquidity of the crypto market comes from, all I can do is speculate that it's going to get a lot, lot worse.
 
Anyone know what the bolded by me means for us?
Simplifying for time and because I'm retarded: no-bid ties into basics of supply/demand. The more people want something, the more they're willing to pay. On the other hand, if people don't want what you're selling, you either have to hold the bag or lower the price until someone wants it. Literally no one wants MBS right now at their current price because they're recognized as being a toxic time bomb about to go off. So you either get a race to the bottom in terms of price or the seller holding onto some nasty bags.

The real problem is that one of the main MBS sellers is the fed as part of their proposed QT. They need to sell this stuff and no one wants it. That'll lead to a lot of market problems, but as for us, if this goes down like it did in 2008, what you can expect is a lot of people whose mortgages now cost more than their house. The housing bubble will pop.

The Tether fraud appears to be unwinding. They've been burning USDT at an unprecedented rate. Since that's where nearly all the liquidity of the crypto market comes from, all I can do is speculate that it's going to get a lot, lot worse.
Narrator: And it did get a lot, lot worse.
 
Simplifying for time and because I'm retarded: no-bid ties into basics of supply/demand. The more people want something, the more they're willing to pay. On the other hand, if people don't want what you're selling, you either have to hold the bag or lower the price until someone wants it. Literally no one wants MBS right now at their current price because they're recognized as being a toxic time bomb about to go off. So you either get a race to the bottom in terms of price or the seller holding onto some nasty bags.

The real problem is that one of the main MBS sellers is the fed as part of their proposed QT. They need to sell this stuff and no one wants it. That'll lead to a lot of market problems, but as for us, if this goes down like it did in 2008, what you can expect is a lot of people whose mortgages now cost more than their house. The housing bubble will pop.
I feel this short cut is more approrpiate to the fed and our situation.
 
I hope some has webcams pointed at Wallstreet. If those banker sons of bitches start jumping like in the 30s I want HD video of that shit.
If only they'd jump, but unfortunately the government installed safety nets in the form of bailouts, because fuck letting the market be free or some shit.
 
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