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.
https://fred.stlouisfed.org/series/RPONTSYD
81 points · 3 comments · view on lemmy.world
3 Comments
bear@lemmy.blahaj.zone · 22 pts · 200d
It's concerning that this is the first I've heard of this major move.
I figure the economy is bleeding out. There's so much money funneled to the top and not back into the economy. These corporations have sunk over a trillion dollars into AI and it's not making money. Plus, a lot of capital is fleeing the US, for a lot of reasons.
kibiz0r@midwest.social · 14 pts · 200d
zooms out a bit
Ah, so it’s like a mini pandemic?
zooms out a bit more
…or like a “normal day” in the few years leading up to 2008. That’s a good sign…
IndustryStandard@lemmy.world · 12 pts · 200d
Does this mean the DOW wil go above 50.000 again? If so I do not care about the Epstein files anymore.