The Feds put $100 billion into the bazaar finishing week. Who get the money?
Answers:
The Federal Reserve added $38 billion into the fund that loans money to bank. The money can be borrowed by bank on a short residence starting place, if they provide collateral such as treasury bonds or mortgage loans.
people who buy elected representatives bonds
The feds don't know what they're doing. http://www.youtube.com/watch?v=swksejqey...
I imagine it be $28 billion. This come within the form of short residence loans to life-size bank. As collateral for these loans the Fed took $28 billion surrounded by establishment back securities. The kindness is that they be concentrated within the establishment insured mortgage back secure bazaar.
The $28 billion will own to be repaid after 3 days. This be newly to attain bank stern to trusting respectively other and loaning money to respectively other. Their intention be to push the overnight rate fund down to 5.25%, as it be trading over 6%
-theRSfund
http://www.thersfund.com
The didn't GIVE anything to anyone. They lent money to branch bank at the Fed Funds rate of interest.