The Nomad EconomistPremiered Apr 20, 2022 The FED admits it injected over $6 trillion in 6 weeks already. This is going exponential. Imagine what the real numbers are. All of this monetary BS just to keep the banks from paying slightly elevated rates for overnight money. Let the market work. The Federal reserve emergency/overnight lending to US banks is at a record $4.2trillion. More than the entire federal budget. Where is this money coming from. And are we about to fall into another financial crisis? The Fed’s total assets are at $4.2 trillion. Most of that was built up during…
Romeo Full Staff
Comments