Ramzy Baroud sheds light on the ongoing protests in Israel and their limited impact on the country's inherently racist institutions and ongoing military occupation and apartheid in Palestine.
The post Israel Protests Should Not Be Confused With the Palestinian Struggle for Equality appeared first on MintPress News.
Nice figure of speech “injected!”… wow…
They are referring to the $2T of reserve balances currently in the RRP… why are they in that Fed account and not in Depository accounts where they could be utilized to settle unanticipated withdrawals without requiring sales of other HQLA at current reduced prices due to the dumb monetarists rate increases?
Why did the dumb Art degree people at the Fed reduce the RRR from 10% to 0% in the first place?
What is bad about requiring Depositories to maintain a ready USD balance of direct CB liabilities of a small 10% of their deposit liabilities in case of unanticipated withdrawals?
If the deposits flow to another depository (ie withdrawals) from available reserve balances that transaction actually INCREASES the Depository’s SLR with ZERO effect on Capital…
Hard to understand how the Art degree brain works… 🤔
JUST IN: 🇺🇸 $2 trillion could be injected into the US banking system by the Federal Reserve's emergency loan program, JPMorgan says.
In 1937, the American folklorist Alan Lomax invited Louisiana folksinger Huddie Ledbetter (better known as Lead Belly) to record some of his songs for the Library of Congress in Washington, D.C. Lead Belly and his wife Martha searched in vain for a place to spend a few nights nearby. But they were Black and no hotel would give them shelter, nor would any Black landlord let them in, because they were accompanied by Lomax, who was white. A white friend of Lomax’s finally agreed to put them up, although his landlord screamed abuse at him and threatened to call the police. In response to this encounter with D.C.’s Jim Crow laws, Lead Belly wrote a song, “The Bourgeois Blues,” recounting... Read more
Jean Marseille recorded these dispatches on his phone while surviving on the streets of Port-au-Prince, Haiti, from October through December 2022. As the chaos that followed the assassination of Haitian president Jovenel Moïse in July 2021 devolved into further lawlessness, Jean witnessed firsthand a city in free fall.