How Banks Profit from a Virus
March 18, 2020
On March 15, 2020, the Federal Reserve announced it would revive the QE [Quantitative Easing] program. It would purchase $500 billion in U.S. Treasurys and $200 billion in mortgage-backed securities over the next several months. It wanted to make sure banks had enough liquidity to help businesses impacted by the coronavirus pandemic.
Read more here. Welcome to the world controlled by a central bank cartel.
[H/t Fitzpatrick Informer]
Please follow and like us: