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This Is Going To Be WORSE Than 2008!
The FED has recently announced that banks do not need to hold ANY reserves! Zero, Nada, Zilch!
The Fed has also announced that banks can use stocks as collateral that was previously reserved for "safe" assets like cash and treasuries.
So much craziness to report and keep up with!
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This Is Going To Be WORSE Than 2008!
The FED has recently announced that banks do not need to hold ANY reserves! Zero, Nada, Zilch!
The Fed has also announced that banks can use stocks as collateral that was previously reserved for "safe" assets like cash and treasuries.
So much craziness to report and keep up with!