Tag Archives: infinite cash
Where Did Neel Kashkari’s Infinite Cash Go?
On April 10, 2020, at the apex of mass coronavirus hysteria, Minneapolis Fed President Neel Kashkari appeared on 60 Minutes. With eyes bugging out of his head, he offered a critical insight. That the Federal Reserve has “infinite cash” and will do whatever it needs to make sure there is enough cash in the banking system. Continue reading
Posted in MN Gordon, Politics
Tagged $700 billion, boom and bust, infinite cash, neel kashkari, tarp
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The Upside of The Great Depression of the 2020s
The monster of all monsters is rampaging far and wide. The Federal Reserve, the central bank responsible for issuing U.S. legal tender notes, is going big. But its aim is small. Continue reading
Posted in Economy, MN Gordon
Tagged cares act, fima repo facility, honest banking, infinite cash, the great depression of the 2020s
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