Deflationaty assets in an inflationary recession

the issue here is about deleverage and insolvency, how can you solve the CDS market by persisting with 700 billion, is the amount even close to 62 trillion, and 1.3k trillion money market, i do not want to see a period of contracting production, even more retrenched workers from the pullback in foreign funds into their own countries to save their economy. High interest rates for future loan applications is only a footstep away.

Why not index the entire mortgage security to set a value, sell it in bonds that are insured, make it government backed and use the 700 billion to help mortgage holders to refinance their mortgage, change the repayment periods and allow payment to be paid in fixed rates or real opr rates supplied and monitored by the feds open a direct route of lending for the public in terms of emergency loans. Why limit to the banks only, open it to public and set up centres that provide exposure to the available options for mortgage holders, iou holders.