The Investment Thread

The Fed discretely printed 4.5 trillion dollars to JP Morgan, Goldman Sachs, and Citibank in 2019. Not a single word printed by the media.



I dunno. It was December 31, a Friday. And the loans and amounts were covered two years ago, and well-covered. The only news here is which firms and how much each got (was there any real question as to which?).

The idea that a firm like Reuters isn't running news to avoid new legislation separating the federally-insured commercial banks from the investment banks which would ostensibly harm the banks that "own" the New York Fed" which fuels the New York City economy, which in turn provide a boon of ad dollars to the media companies like Reuters isn't persuasive to me. If "potentially vaguely harmful to the New York City economy" was the basis for a news "gag order", they'd hardly have anything to report.