[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Ironsides Macro [@barryknapp](/creator/twitter/barryknapp) on x 10.7K followers Created: 2025-07-17 00:45:38 UTC Not ghosting you, listening to opening night of the NY philharmonic at the Gerald Ford Amphitheater in Vail. I have no issues with the Bagehot stabilization lender of last resorts policies during the dash for cash. My issues began with the transition to asset purchases to ‘provide support for the economy’ with no evident analysis of the impact. $40bn of outright purchases and $55bn of reinvestment per month of MBS, far more than XXX% of net supply, caused a .96 correlation of the XX cities in the Case Shiller Composite index for XX months and a XX% increase in the index, that in turn led to the worst housing affordability since the ‘80s just as Millennials reached peaked household formation. It was obvious to anyone with any capital markets experience, unfortunately there was precious little of that on the FOMC and particularly within the leadership. Ok, I’m going back to the music. Sorry for the rant. XX engagements  **Related Topics** [$55bn](/topic/$55bn) [$40bn](/topic/$40bn) [alternative investment](/topic/alternative-investment) [resorts](/topic/resorts) [ford](/topic/ford) [macro](/topic/macro) [Post Link](https://x.com/barryknapp/status/1945646036728291468)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Ironsides Macro @barryknapp on x 10.7K followers
Created: 2025-07-17 00:45:38 UTC
Not ghosting you, listening to opening night of the NY philharmonic at the Gerald Ford Amphitheater in Vail. I have no issues with the Bagehot stabilization lender of last resorts policies during the dash for cash. My issues began with the transition to asset purchases to ‘provide support for the economy’ with no evident analysis of the impact. $40bn of outright purchases and $55bn of reinvestment per month of MBS, far more than XXX% of net supply, caused a .96 correlation of the XX cities in the Case Shiller Composite index for XX months and a XX% increase in the index, that in turn led to the worst housing affordability since the ‘80s just as Millennials reached peaked household formation. It was obvious to anyone with any capital markets experience, unfortunately there was precious little of that on the FOMC and particularly within the leadership. Ok, I’m going back to the music. Sorry for the rant.
XX engagements
Related Topics $55bn $40bn alternative investment resorts ford macro