Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Soul of the South

Not disagreeing, but how are the speculators being bailed out?

I don’t have a problem with printing 1 trillion to save big & small biz and its employees. This could easily be recaptured over 5 years.


10 posted on 03/21/2020 1:55:01 AM PDT by Gene Eric (Don't be a statist!)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Gene Eric

“Not disagreeing, but how are the speculators being bailed out?”

Since September 2019 the Fed has been propping up the repo market. Don’t forget, the big Wall Street banks have returned to speculating in derivatives, on of the contributors to the 2008 financial meltdown. Here are some links to articles describing what the Fed is doing and the implications:

https://www.pbs.org/newshour/economy/federal-reserve-to-lend-additional-1-trillion-a-day-to-large-banks

https://wallstreetonparade.com/2020/03/feds-balance-sheet-skyrockets-to-4-7-trillion/

https://wallstreetonparade.com/2019/10/new-york-feds-repo-loans-are-foaming-the-hedge-fund-runways/

https://wallstreetonparade.com/2020/03/fed-announces-program-for-wall-street-banks-to-pledge-plunging-stocks-to-get-trillions-in-loans-at-%C2%BC-percent-interest/

https://wallstreetonparade.com/2020/03/fed-sets-off-panic-with-plan-to-eliminate-reserves-at-wall-streets-mega-banks/

http://economiccollapsenews.com/2020/03/19/federal-reserve-sets-up-dollar-swap-lines-with-nine-central-banks-for-six-months/


19 posted on 03/21/2020 5:31:07 AM PDT by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on i)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson