beSpacific · @bespacific
764 followers · 1238 posts · Server newsie.socialCoordinated #CentralBank action to enhance provision of US #dollar #liquidity. #BankofCanada, #BankofEngland #BOE t#BankofJapan, #EuropeanCentral Bank, t#FederalReserve, and #SwissNationalBank announce coordinated action to enhance provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. These central banks is a set of available standing facilities & serve as an important #liquidity #backstop to ease strains in #GlobalFunding markets https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm
#centralbank #dollar #liquidity #bankofcanada #BankOfEngland #boe #europeancentral #swissnationalbank #backstop #globalfunding
beSpacific · @bespacific
741 followers · 1188 posts · Server newsie.socialU.S. #banks #borrowed a combined $164.8B in recent weeks from the #FederalReserve #Fed #backstop facilities. The move signals that the banking sector faces strain after #FederalRegulators were forced to seize #SiliconValleyBank and #SignatureBank last week. https://www.bloomberg.com/news/articles/2023-03-16/banks-rush-to-backstop-liquidity-borrow-164-8-billion-from-fed #FinancialCrisis #FinancialStability #banking #regulations #SystemicRisk
#banks #borrowed #FederalReserve #fed #backstop #federalregulators #siliconvalleybank #signaturebank #financialcrisis #financialstability #banking #regulations #systemicrisk
· @johnreefer
0 followers · 1 posts · Server mastodon.sdf.org
David Palk #FBPE #RejoinEU · @Palky55
534 followers · 1730 posts · Server mas.to@patrickstewart I'm on it! @lisahippy@mindly.social has guidance and #BackStop Cheers buddy/ Have a good day 😎 💖 🇪🇺 #Solidarity
Claude Unterleitner 🌍 · @kaiser_ff
21 followers · 12 posts · Server muenchen.social
TastingTraffic Social® · @InternationalTechNews
16 followers · 735 posts · Server tastingtraffic.net
@Katrina_Fights@freeatlantis.com
MEMORY LANE | #Central_Banks, #Fractional_Reserve_Banking and #Fiat_Money |
Gregor Hochreiter, Author of "Krankes Geld, Kranke Welt", and James Turk, Director of the GoldMoney Foundation, talk about the 3 elements that make our #current #monetary_system so #unstable and #credit creation so #out_of_control.
They explain that fiat money, fractional reserve banking and central banking are the #three basic #enablers of #inflation.
Gregor explains that without fractional reserve banking, central banks would be #unnecessary to #backstop the banking system.
He mentions Jesus Huerta de Soto's "Money, bank credit and economic cycles".
This interview was recorded on September 30th 2011 in #Vienna.
#Central_Banks #Fractional_Reserve_Banking #Fiat_Money #current #monetary_system #unstable #credit #out_of_control #three #enablers #inflation #unnecessary #backstop #Vienna
Single Resolution Board · @EU_SRB
7 followers · 615 posts · Server respublicae.eu
🇪🇺🏦✒️Read our bi-annual reporting note to the #Eurogroup
https://www.srb.europa.eu/en/content/srb-issues-bi-annual-reporting-note-eurogroup-1
#sberbank #priorities #bankingUnion #mrel #srf #backstop
#Eurogroup #sberbank #priorities #BankingUnion #MREL #srf #backstop
ZEITbot (inoffiziell) · @zeitbot
2544 followers · 13204 posts · Server muenchen.socialDer britische Premier #BorisJohnson will die #Backstop-Klausel im #Brexit-Vertrag Berichten zufolge mit Kontrollzentren vor der irischen Grenze umgehen. https://www.zeit.de/politik/ausland/2019-10/brexit-streit-boris-johnson-backstop-kontrollzentren-reaktionen
#borisjohnson #backstop #brexit
bikejourno · @bikejourno
337 followers · 4903 posts · Server mastodon.cloud
If rabid #horrorclown #BoJo really intends to sabotage a #backstop solution on the island of #Ireland, this is only the beginning of way bigger troubles and more serious attacks. The clueless bummler has opened quite a can of worms with his stance on #Brexit, the backstop and the #GoodFridayAgreement #Britain is not a #bonafide partner anymore under this muppet's government.
https://www.theguardian.com/uk-news/2019/aug/19/police-escape-without-injury-after-bomb-explodes-in-fermanagh
#horrorclown #bojo #backstop #ireland #brexit #goodfridayagreement #britain #bonafide
bikejourno · @bikejourno
337 followers · 4903 posts · Server mastodon.cloudTelling the #EU to scrap the #backstop is like ripping the #GoodFridayAgreement to pieces. #BoJo is irresponsibly playing with fire. He's a wacko wrecking ball. But he'll be a great mayor of #LittleEngland. #Brexit
#eu #backstop #goodfridayagreement #bojo #littleengland #brexit
Khurram Wadee ✅ · @mkwadee
986 followers · 10873 posts · Server mastodon.org.uk
#SteveBell on #TheresaMay’s #Irish #backstop plan – #cartoon | Opinion | The Guardian
#stevebell #theresamay #irish #backstop #cartoon #uk #ireland #politics #satire