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2023-03-27 17:00:58

Enra on Nostr: The Fed is coming up with new words to print money. To save banks they came up with ...

The Fed is coming up with new words to print money.

To save banks they came up with Bank Term Funding Program (BTFP).

The program gives banks the full value of their bonds in cash to meet withdrawal requirements.

New words, old solutions -> more money printing.

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