Federal Reserve Panics: Repeats Post-Covid Crisis Policy To Quell Banking Disaster
The Federal Reserve is opening daily dollar-swap lines with banking allies worldwide to improve liquidity, meaning rate cuts and printing more cash could be on the horizon.
The move could now see the Fed conceding it has no control over supply and will probably hike its inflation target to 3% or higher.
Bye, living standards. Hello, billionaire bailouts?
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