People beg the Fed to reduce interest rates and print money. The Fed needs to be held accountable for secretly bailing out companies without the permission of the people. People should be upset about this information. Yet only a handful will watch it. Half will click just to leave a negative comment. What a world we live in. Keep buying your 7 shares of Amazon…
Deutsche Bank is in the news because of their 18,000 job cuts. While that is important, what is more important to understand is what happened a decade ago during the Financial Crisis. Investors are begging the Fed to print more money and reduce interest rates. The question is why is this needed? Why isn’t the market more liquid? What’s wrong with the underlying system?
GAO-11-696 Federal Reserve System: Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance
Germany: Financial Sector Assessment Program — Financial System Stability Assessment; 2016 International Monetary Fund; June 2016
BIS Statistics Explorer: Table D5.1
Quarterly Report on Bank Trading and Derivatives Activities Q4 2018
Federal Reserve Emergency Loans: Liquidity for Banks – Bloomberg
Fed Bailed Out CANADA! Prime Minister Harper Caught Lying! – YouTube