Lions and friends…
Look at this “Breaking News” headline from CNBC below.
Central banks, to boost liquidity into an illiquid market, are swapping currencies- that is putting their currency into other central banks…
The European Central Bank just provided Euros to the Federal Reserve, and the Federal Reserve is providing dollars to other central banks around the world.
In truth, the Fed has already been pumping foreign central banks around the world with dollars for DECADES.
Below is a segment of a report from CNN Business.
The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to boost the flow of US dollars through the global financial system with the aim of keeping credit flowing to households and businesses.
“The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing US dollar liquidity swap line arrangements,” the central banks said in a joint statement.
Unbelievable that silver is still less than half of the 2011 high. Commodities are going to go through the fucking roof
Let me interpret what cnn said "the fed is blowing up the Bank of England, Japan, Canada, Swiss, etc"
Enjoy the Show💥