MultiversX Tracker is Live!

Has the FED effectively just "printed" 300B dollars ?

Bitcoin Reddit

More / Bitcoin Reddit 74 Views

I saw this link aboit the FED bailing out banks by lending them $300B

https://www.pbs.org/newshour/economy/federal-reserve-lent-300-billion-in-emergency-funds-to-banks-in-the-past-week

Then i saw another source mentioning that the FED has zero fractional reserve (meaning it can lend as much money it want with even hikding any percentage of that :

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

submitted by /u/thedrs2
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments