Image Source: Pixabay
 

The Fed shut down the BTFP, but just before it closed billions in loans were made to banks over the repeated objections of policymakers. Officials have been pushing depositories toward the Discount Window to the point even the FHLB system is dissuading its members from using its own advances as emergency liquidity. Yet, the last-minute BTFP indicates banks just aren't doing it with some substantial implications.

Video Length: 00:18:14

More By This Author:

The Recession Hit Dollar Stores “People Can No Longer Afford To Shop”
The Real Boom In Bitcoin Is NOT The Price
Oil Markets Are Sending A Warning To The World