The FED pumped $9 trillion dollars in just one year (2019 - 2020)

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The FED pumped more money in one year than in two centuries of USD creation

Category: Fintech / Blockchain    Date: October 2020    Keywords: FED, banks, Ripple, XRP, xRapid, blockchain, cryptocurrency  

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FED, the U.S. central bank pumped out more than $9 trillion in bailouts since September 2019.

Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations.

Estimates say, in 2020 alone, the U.S. has created 22% of all the USD issued since the birth of the nation.

SOURCES:
https://wallstreetonparade.com/2020/10/the-new-york-fed-pumping-out-more-than-9-trillion-in-bailouts-since-september-gets-market-advice-from-giant-hedge-funds/

https://news.bitcoin.com/9-trillion-in-stimulus-injections-the-feds-2020-pump-eclipses-two-centuries-of-usd-creation/

 

Did you know?

If you spend $1,000,000 a day, it would take you 24,657 years to spend $9 trillion dollars (9 with 12 zeros).

If you spend $1 every second, it would take you 285,000 years to spend $9 trillion dollars.

Disclaimer: This graphic is for informational purposes only.

 

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