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The Fed just dropped $18.5 billion into the banking system this week. It's only the fourth biggest cash infusion since the pandemic panic and even tops the dot-com bubble's peak. (fred.stlouisfed.org)

submitted 1 month ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] Noodles4dinner@hexbear.net 3 points 1 month ago* (last edited 1 month ago)

I just watched a video with david cay johnston saying this lending by the fed NY and now apparently St Louis, has been ramping up recently and borrowing limits have been removed from the too big to fail banks. Lib reformer journalist type. Unfortunately, you cant reform a mafia crime syndicate that has nuclear weapons.

https://www.youtube.com/watch?v=xL9ZF2fV5do