Sunday, September 22, 2019
Home > Thin

The US Quietly Printed $75 Billion out of Thin Air (For the Banks). This Is Why Bitcoin Matters –

The Federal Reserve Bank of New York very quietly handed out $75 billion in cash to the banks on Wednesday in a process known as a ‘repurchase operation,’ or repo.  This emergency measure hasn’t been used at scale for a decade, since the last financial crisis. It’s a reminder of the central

Read More