On Sunday morning, March 12, Treasury Secretary Janet Yellen told CBS there would be no bailouts. Later in the day the Fed declared quantitative easing to infinity and beyond. What’s going on?
On Sunday morning, March 12, Treasury Secretary Janet Yellen told CBS there would be no bailouts. Later in the day the Fed declared quantitative easing to infinity and beyond. What’s going on?
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Quantitative Easing to Infinity and Beyond - Activist Post
They call it the Bank Term Funding Program (BTFP), and as far as one can tell, its dollar value is limitless.
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