America Crosses the Financial Rubicon
‘Helicopter Money’: This Is The True Geopolitical Game-Changer
zerohedge.com/geopolitical/helicopter-money-geopolitical-game-changer
The ‘New’ Federal Reserve As Garbage Can For All Capitalist Debt
zerohedge.com/markets/new-federal-reserve-garbage-can-all-capitalist-debt
House Stimulus Bill Creates “Digital Dollar” To Send Virus-Aid To The ‘Unbanked’
zerohedge.com/crypto/house-stimulus-bill-creates-digital-dollar-send-virus-aid-unbanked
Boeing, Which Demands A $60BN Taxpayer Bailout, Refuses To Give US An Equity Stake
zerohedge.com/markets/boeing-which-demands-60bn-taxpayer-bailout-refuses-give-us-equity-stake
The Recession Poised To Hit The Global Economy Will Be Unlike Any Other In History”
zerohedge.com/markets/recession-poised-hit-global-economy-will-be-unlike-any-other-history
A Problem Emerges: Lawmakers Balk At Boeing Bailout, Compare It To AIG
zerohedge.com/markets/boeing-which-demands-bailout-only-now-considering-cutting-its-dividend
Bitcoin gains 14% after the US Fed says it has ‘infinite cash’
In an effort to protect the US economy from spiralling into a depression, the US Fed on March 23 said it will pump in $125 billion each day
moneycontrol.com/news/business/cryptocurrency/bitcoin-gains-14-after-the-us-fed-says-it-has-infinite-cash-5068191.html
Ultra Bullish on Gold and Crypto After USD Liquidity Squeeze: Popular Trader
bitcoinexchangeguide.com/ultra-bullish-on-gold-and-crypto-after-usd-liquidity-squeeze-popular-trader/
Coronavirus and the economy: Best and worst-case scenarios from Minneapolis Fed president
The former Treasury official who was in charge of the $700 billion government response to the 2008 financial crisis tells 60 Minutes what tools the Federal Reserve can use to combat the economic stress being caused by COVID-19.
cbsnews.com/news/coronavirus-and-economy-best-and-worst-case-scenarios-60-minutes-2020-03-22/
“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.”
― Norm Franz,
goodreads.com/author/quotes/282843.Norm_Franz
Fed’s ‘Infinite Cash’ Put to the Test in a World of Leverage
Some companies’ debt burdens are too heavy to withstand the economic shock from the coronavirus outbreak.
bloomberg.com/opinion/articles/2020-03-23/coronavirus-fed-s-infinite-cash-tested-in-world-of-leverage
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
Reserve Requirements
As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.
federalreserve.gov/monetarypolicy/reservereq.htm