🧵Apotemnophilia
In the 90s, Dr. Robert Smith, a surgeon at Falkirk Royal Infirmary, performed leg amputations on two men. Both men were perfectly healthy but suffering from apotemnophilia, a psychiatric condition involving the desire to have healthy limbs amputated./1
@kristian_1234@sunny051488 Thank you for your comment. I just found out I’m loooonng on some lower MBS coupons and the original tweet made me think I might need to sell some TBA’s first thing
@GayKhalDrogo@dlacalle_IA@mises Mortgage debt goes upwards. You buy a house from your local lender->they sell your mortgage to an aggregator or a GSE-> all of these mortgages get pooled together into MBS’s-> FED buys MBS’s. The Fed being active in this market artificially inflates the prices of MBS= rates down