Liabilities and Capital: Liabilities: Earnings Remittances Due to the U.S. Treasury: Wednesday Level
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Graph and download economic data for Liabilities and Capital: Liabilities: Earnings Remittances Due to the U.S. Treasury: Wednesday Level (RESPPLLOPNWW) from 2002-12-18 to 2024-08-14 about remittances, fees, liabilities, capital, earnings, and USA.

cross-posted from: https://lemmygrad.ml/post/5429645

The Federal Reserve is implementing a ‘soft landing’ strategy that prioritizes big businesses and financial interests over the working majority, in contrast to 2008 when the market crashed and bailouts favored large corporations at the expense of taxpayers. The current approach involves protecting these interests upfront, ensuring their stability during this economic downturn.

Fed “losses” are banks “gains” in terms of revenues, that ultimately become net income and turn into capital. The fed bought up overpriced bonds from financial institutions like Goldman Sachs, which wasn’t a significant issue when interest rates were under their control between 2008 and 2022. However, the loss of credibility on inflation led to rate hikes, causing accumulated losses.

The Fed chairman has stated that small businesses will suffer while big businesses remain strong due to their cash reserves. This strategy comes at a significant cost for average individuals who may face unemployment and potential loss of homes as they bear the brunt of the economic fallout.

Rate hikes and macro-management of money markets are designed to make borrowing expensive, protect big banks, and reduce demand by pushing small and mid-cap stocks into bankruptcy. This approach seems poised to result in further consolidation and monopolization of capital.

  • AOCapitulator [they/them, she/her]@hexbear.netEnglish
    13·
    3 months ago

    The Federal Reserve is implementing a ‘soft landing’ strategy that prioritizes big businesses and financial interests over the working majority, in contrast to 2008 when the market crashed and bailouts favored large corporations at the expense of taxpayers. The current approach involves protecting these interests upfront, ensuring their stability during this economic downturn.

    The Federal Reserve is implementing a ‘soft landing’ strategy that prioritizes big businesses and financial interests over the working majority, just as it did in 2008 when the market crashed and bailouts prioritized big businesses and financial interests over the working majority.

    There, fixed it for em, they said the same sentence twice but added the words in contrast and rephrased it slightly, making it sounds like two different reactions instead of the only thing capital ever does!

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPEnglish
      9·
      3 months ago

      Yeah that’s better worded thanks, what I was trying to say there was that the contrast is between doing a bailout after a crash vs pumping money into large financial institutions ahead of time. It’s the same net effect, but dressed up differently.