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.