What is Nostr?
Tim Totten
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2023-03-13 03:08:14

Tim Totten on Nostr: The new Bank Term Funding Program (#BTFP) is interesting. Remember when the Fed was ...

The new Bank Term Funding Program (#BTFP) is interesting. Remember when the Fed was supposed to be completely independent of the gov? 🤣 And now they are voluntarily accepting highly discounted assets from distressed banks at par value because...why, exactly? Who benefits?
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