Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Well yes, but not really. True the government won't get interest directly but, because it can only be spend inside the US, they do get the secondary effects.

Think of it as trying to do what the stimulus should have done, leveraged quite a bit (because you only need to pay out what it cost to cover the loans that go bad).



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: