the new Bank Term Funding Program allowing banks to "loan" bonds to the fed at par despite their mark to market decline is just another name for QE infinity.

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm

we have now entered the last level of the game.

this is the most difficult and longest level.

🪖

boss fight up next

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Discussion

act 4 entitled: "how bitcoin has ruined the global financial system"

#[2]

25 billion doesn’t sound sufficient given that most banks will have exposure to the requirements of Dodd-Frank.

Is this just misdirection to prevent banks getting run?

yes this is a psychological game for the markets