Interesting thing today!!!
The FED announced, it will start paying interest on bank reserves.
This will open the door to take over the money market as banks don’t trust each other.
GOOD MOVE!!!
At the same time, the FED said, it will DOUBLE the “firepower” until the year end.
The FED is as well talking to the Exchanges, whether and […]
The new guy on the block …
The one who should technically supervise the “big bailout” …
Mr Kashkari … I like his name as his main duty will be a huge cash & carry operation
So he has my vote!
And as ALL of them … he worked before for … GOLDMAN … We knew it […]
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