Thread: Fed injects 31.25 billion dollars into markets

Fed injects 31.25 billion dollars into markets
Sep 6 11:01 AM US/Eastern

The Federal Reserve added 31.25 billion dollars in temporary reserves to the US money markets Thursday in three different operations, the latest move to keep credit markets from drying up.

The New York Fed added 7.0 billion dollars in 14-day repurchase agreements, 16 billion in seven-day repurchase agreements and 8.25 billion in one-day repos.

The Fed has injected some 200 billion dollars into the financial system since August 9 in a bid to boost credit flows which have seized up due to problems linked to the distressed US mortgage market.

The US central bank typically buys billions of dollars worth of securities from major banks, pumping extra cash into the banking system, which the banks are obliged to repurchase at a later date.

http://www.breitbart.com/article.php?id ... _article=1

Anybody else see the Amero coming?

If they were doing a better job of regulating business, this wouldn't be an issue. But now we will pay for it, with a recession and inflation.

Dixie

Anybody else see the Amero coming?

Times closing in on them.......gotta get this crash moving.

Originally Posted by Faye

Anybody else see the Amero coming?

Dow Jones has dropped nearly 200 points so far today. Gold is over $700.00
an ounce. http://www.kitco.com/market/

Every time they print more fiat money, our dollar gets weaker and inflation happens. I am in retail. Sales have dropped more than 50%, People cannot afford to buy every day items in order to pay for the increase in gas, food and housing.

Shades of Oct 29, 1929. The feds are once again playing the finger in the dike game.

That's 31.25 Billlion dollars that was pulled out of thin air and given to our economy. Before it was pulled from thin air, it wasn't worth anything. As soon as it has been handed to a borrower, It became worth something and that something draws interest. How corrupt of a monetary system is that? The Federal Reserve is a sham. Isn't Ron Paul for getting rid of the 'Federal' Reserve? Where is all of the gold that was at Ft. Knox?? The bankers of the 'Federal' Reserve must have stolen it.

Rockfish, I think the paper and ink are the only value in our currency. If it were based on debt it would be worth gold. It only has value to the Federal Reserve Corporation because they charge interest to the American public when our Government borrows it.

We have no gold reserves, it was spent a long time ago.

It's being referred to as the 'Countrywide Bailout'.

Countrywide is taking the bad publicity when in reality, they are all doing it. Countrywide at least does not give loans to illegals. Countrywide was not the cause of this.