The New Scheme Is Like a Tail Risk Hedge

Lita: I genuinely learned a lot from that conversationul i ver interesti i found that extremely helpful. It's pretty complicated, obviously. But this idea of understanding the understanding this new scheme is like, you know, a tail risk hedge. Very interesting and very, definitely helps me understand the situation. Yet, also, your question about a sort of, the less people use it, the more it might work. That kind of reminded me of the feds corporate bond buying programme from last year, where it actually didn't end up buying that many corporate bonds because it didn't need to. Just yet, promise of coming in and stabilizing the market had the effect of stabilizing the