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Federal Reserve to Backstop Money-Market Mutual Funds Amid Coronavirus

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The Federal Reserve will launch a new lending facility to backstop the money-market mutual-fund sector

 

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Chinese and Russians doing all they can to get a globalist back in the White House so they can keep getting the handouts and favorable treatment they once had! Not gonna happen!!

KHerriage The fiat dollar system just popped it’s bubble.

Albert Einstein is widely credited with saying, “The definition of insanity is doing the same thing over and over again, but expecting different results.”

Are we breaking the buck!?! This is not good...

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Federal Reserve to shore up prime money market funds amid Wall Street routThe new Money Market Mutual Liquidity Fund will provide loans to financial institutions to buy assets from prime money market funds. Stunning. US futures down another 5%. Exhausting. You can’t ‘policy’ your way out of a pandemic. TrumpPandemic YES! Thank you federalreserve Lessons learned from 2008 finally having to be used.
Source: CNBC - 🏆 12. / 72 Read more »