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/biz/ - Business & Finance


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18215955 No.18215955 [Reply] [Original]

https://www.marketwatch.com/story/fed-establishes-new-repo-facility-with-foreign-central-banks-2020-03-31-8913242

Is the FED trying to spread out the inflation that would inevitably occur here if we weren't the world's reserve currency?

Most importantly, when are my PAMPys gonna moon?

>> No.18217548

>In the new facility, the central banks will be able to temporarily exchange their U.S. Treasurys held at the Fed for U.S. dollars.

So are they loaning them or selling them? If the Fed has control of US Treasuries rather than foreign actors, does this mean that the US doesn't have to pay them when they do away with the Fed?

>> No.18217597

>>18215955
people and countries are hoarding dollars, aka not circulating them. we're deflationary, and the FED is trying to promote inflation.

>> No.18217711
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18217711

PAMPer reporting in