Yesterday, The New York Federal Reserve announced that it actually increased their $4.2 trillion balance sheet by $1 million rather than shrinking it. This comes on the heels of The Federal Reserve announcing that it provided $80.2 billion in payments
The post Fed Paid $29.3 Billion To Banks NOT To Lend In 2017 (Excess Reserves), Fed Earned $80.2 Billion For Treasury was originally published at The Wall Street Examiner. Follow the money!