/biz/ - Business & Finance

Next stop, hyperinflation
https://www.zerohedge.com/markets/kashkari-says-fed-has-infinite-amount-cash-we-create-it-electronically
>Again, matter-of-factly, the host asks: "Can you characterize everything the Fed has done this past week as essentially flooding the system with money?" To which Kashkari responds simply: "Yes."
>The host says "And there's no end to your ability to do that?"
>"There's no end to our ability to do that." He later added: "We're far from out of ammunition...your ATM is safe, your banks are safe. There's an infinite amount of cash at the Federal Reserve."