The Fed just dropped $18.5 billion into the banking system this week. It's only the fourth biggest cash infusion since the pandemic panic and even tops the dot-com bubble's peak.

cm0002@toast.ooo · 2 months ago

The Fed just dropped $18.5 billion into the banking system this week. It's only the fourth biggest cash infusion since the pandemic panic and even tops the dot-com bubble's peak.

lath@piefed.social · edit-2 2 months ago

I’m not in the know with current events beyond the AI bubble needing to build a lot of infrastructure that doesn’t exist and ICE needing a lot of warehouses for their concentration camps.

Then again, a lot of small-time businesses supposedly went and are going bankrupt + unemployment went way up compared to previous years, so there’s probably some kind of disaster going on in the background.

Just guessing though…

Edit: came across this https://piefed.social/c/business/p/1796464/amd-s-ai-chips-to-be-used-as-debt-collateral-in-300-million-loan-report-says-cloud-star

Might be just a coincidence.

The Fed just dropped $18.5 billion into the banking system this week. It's only the fourth biggest cash infusion since the pandemic panic and even tops the dot-com bubble's peak.

The Fed just dropped $18.5 billion into the banking system this week. It's only the fourth biggest cash infusion since the pandemic panic and even tops the dot-com bubble's peak.

Overnight Repurchase Agreements: Treasury Securities Purchased by the Federal Reserve in the Temporary Open Market Operations