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WTF is Happening with the Fed!?: How We Got Here. WTF-1

WTF is Happening with the Fed!?: How We Got Here. WTF-1

FromBitcoin Magazine Podcast


WTF is Happening with the Fed!?: How We Got Here. WTF-1

FromBitcoin Magazine Podcast

ratings:
Length:
38 minutes
Released:
Mar 27, 2020
Format:
Podcast episode

Description

Following the COVID19 crisis the US government and specifically the Federal Reserve have been incredibly quick to action. Bitcoin Magazine brings you this special in an attempt to explain what the federal reserve is doing and how it affects you.  Topics:  -Fed setting up two new credit facilities where buyers on secondary market can take out loans -Fed will be buying their debt -Primary Market Corporate Credit Facility (PMCCF), Secondary Market Corporate Credit Facility (SMCCF) and Term Asset-Backed Securities Loan Facility (TALF)** -$1 trillion in daily repo -Unlimited QE--early march, announced $700 billion QE ($500 bln in treasury bons, $200bnl in MBS) -Zero interest rates -Zero reserve requirements -Bond yields are negative Primary dealers: J.P. Morgan, Barclays Capital, Wells Fargo, and Citigroup. TD Securities, Morgan Stanley, Cantor Fitzgerald, and Goldman Sachs Please rate and share the podcast! You can find us @BitcoinMagazine on Twitter.  Colin Harper on Twitter @AsILayHodling Christian Keroles on Twitter @ck_SNARKs [SPONSORS]  Swan Bitcoin: Bitcoin Investing Made Easy Bisq: Bisq is an open-source, peer-to-peer application that allows you to buy and sell Bitcoin in exchange for national currencies. No registration required.
Released:
Mar 27, 2020
Format:
Podcast episode

Titles in the series (100)

The Bitcoin Magazine Podcast is on a mission to stay on top of what's happening with everything Bitcoin, guiding listeners through the major stories shaping the price, philosophy and community around the financial revolution. The show will also feature brief interviews from leading experts in the space.