Tag Archives: btfp
How Bankers are Exploiting the Fed’s BTFP at Your Expense
American bank depositors sincerely trust the Federal Deposit Insurance Corporation (FDIC). They are as certain as the sky is blue, that the FDIC will protect the money in their bank accounts. Thus, they do not withdraw dollars from their accounts in a banking crisis. Continue reading
Posted in Inflation, MN Gordon
Tagged bank crisis, bank term funding program, btfp, federal reserve, interest rate, rate-arbitrage subsidy
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