An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, November 23, 2020
The Untold Story of Mnuchin’s Demand for the Fed to Shut Down Emergency Lending Programs — Pam and Russ Martens
More backroom dealings to funnel wealth to the top.
This is moron propaganda... read the letter.. nobody is using the dumb Fed loans so Mnuchin wants the appropriation back to use for direct subsidized Treasury loans and direct business subsidies...
Mike has been tracking this data and reporting on this for months since the programs were established...
The whole Fed loans thing is a dud... time to use the USD appropriation where it is better suited..
This is moron propaganda... read the letter.. nobody is using the dumb Fed loans so Mnuchin wants the appropriation back to use for direct subsidized Treasury loans and direct business subsidies...
ReplyDeleteMike has been tracking this data and reporting on this for months since the programs were established...
The whole Fed loans thing is a dud... time to use the USD appropriation where it is better suited..