Any Patriots here heard of the 'Bank Term Funding Program' - the BTFP?
The Fed created it last year to loan money to banks in the wake of the Silicon Valley Bank crash. Basically, it was designed to halt a complete banking collapse in 2023 - delaying the inevitable till 2024.
Well, it ends tomorrow, March 11th, 2024 - right when the banks who are having 'liquidity issues' need it most.
Per The FED:
"The Federal Reserve Board announced the end of the Bank Term Funding Program on January 24, 2024. The Federal Reserve Board will cease making new emergency loans as scheduled on March 11, 2024."
Now, this may not perpetuate an immediate crash, but it's NOT FAR OFF from tomorrow, Patriots!
https://www.usgoldbureau.c...
The Fed created it last year to loan money to banks in the wake of the Silicon Valley Bank crash. Basically, it was designed to halt a complete banking collapse in 2023 - delaying the inevitable till 2024.
Well, it ends tomorrow, March 11th, 2024 - right when the banks who are having 'liquidity issues' need it most.
Per The FED:
"The Federal Reserve Board announced the end of the Bank Term Funding Program on January 24, 2024. The Federal Reserve Board will cease making new emergency loans as scheduled on March 11, 2024."
Now, this may not perpetuate an immediate crash, but it's NOT FAR OFF from tomorrow, Patriots!
https://www.usgoldbureau.c...
Bank Term Funding Program (BTFP) Ends | Should Banks Be Worried?
The end of the Federal Reserve's funding program could affect banks, businesses, and the economy. BTFP has helped banks after last year's bank run.
https://www.usgoldbureau.com/news/bank-term-funding-program-btfp-ends-should-banks-worried
05:44 PM - Mar 10, 2024
Only people mentioned by QFlagPin in this post can reply
ADHERE TO FREEDOM
@ADHERETOFREEDOM
10 March, 08:37
In response Patriot Fury ⭐⭐⭐ to his Publication
Heard of it.
Read about it.
Trying to learn more.
Read about it.
Trying to learn more.
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Vicki Lord
@Vlord
10 March, 06:58
In response Patriot Fury ⭐⭐⭐ to his Publication
Margin call in 3 days, I read??? Do you know Fren?
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Patriot Fury ⭐⭐⭐
@QFlagPin
10 March, 11:09
In response Vicki Lord to her Publication
We will see, Ms. Lord!
It will be interesting to see how long it takes.
It will be interesting to see how long it takes.
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Lisa Moyer
@Mondexmomma
10 March, 05:54
(E)
In response Patriot Fury ⭐⭐⭐ to his Publication
Get your money our of banks now. Invest funds in silver or gold. Leary on crypto of any kind. They have what they call " buy ins" which means they will take all your money to stay a float.
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