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 The Source of Federal Reserve System Reserves
Old August 10th, 2007, 04:39 PM   #1 (permalink)
Istlota
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The Source of Federal Reserve System Reserves

Wall Street has been seriously flip-flopping in the last few days in a major way. This, in turn, has affected markets around the world. For the first time since 9/11/01, central banks all over the world are working together to "inject cash" to try and calm things things down.

The Federal Reserve injected $24 billion dollars Thursday and announced today they would inject $19 billion more. ECB (European Commerce Bank) injected 61 billion euros ($83.8 billion USD), and Japan's central bank injected 1 trillion yen ($8.4 billion USD).

I created the poll associated with this thread as a sort of consciousness raising experiment. Select what you think is the source of the reserves the Federal Reserve injects into US money markets.
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