Article Image
News Link • Federal Reserve

Fed’s Currency Swaps – A Backdoor Way to Lower US Interest Rates

I’ve also noticed with the new swap language that looks like the ECB can roll over the dollar loans in perpetuity. This makes payback strictly voluntary, and renders the transactions fiscal transfers rather than loans, adding to the argument that these should originate from the Treasury rather than the Fed.

Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Free Talk Live