The 'New' Federal Reserve As Garbage Can For All Capitalist Debt
Mar 24th 2020 2:55pm EDT
The ‘New’ Federal Reserve As Garbage Can For All Capitalist Debt Authored by Jack Rasmus via Counterpunch.org, Yesterday, the Federal Reserve crossed its latest liquidity free money Rubicon. It announced it will provide unlimited credit–and assume the bad debts, not just of banks, shadow banks, and wealthy investors but for what it called ‘Main St.’ […]
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