The Fed in Action

The Fed has pledged action to stabilize the markets

To see what they’re doing, check out this chart from BullandBearWise… the green bars represent additional liquidity being offered by the Fed, and the blue line shows how much is being accepted to member banks. Long story short, the Fed is shoveling digidollars into the market as fast as they can. You can almost feel your dollars losing even more value…

UPDATE: Nothing like 38 billion dollars to try and stabilize things…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: