Author Topic: The US Treasury Will “Pump” Another $1-Trillion Into Economy This Month  (Read 107 times)

0 Members and 1 Guest are viewing this topic.

Online RomanCatholic1953

  • Hero Member
  • *****
  • Posts: 7676
  • Reputation: +2553/-101
  • Gender: Male
  • I will not respond to any posts from Poche.
The US Treasury Will “Pump” Another $1-Trillion Into Economy This Month
June 17, 2020 in News by RBN Staff


Share



Source:  needtoknownews
June 16, 2020 ZeroHedge 3
David Dees


Treasury Secretary Steve Mnuchin said last week declared that another $1-trillion will be created out of government debt and pumped into the economy. He also said that there now are discussions with Congress about how much more money will be created to bail out bankrupt states. [The more that individuals, corporations, institutions, and states become dependent on federal money, the more they all become subservient to the hand that feeds them. At the end of this road lies one, megalithic federal government as the supreme master of everything.] -GEG
With stocks tumbling, it was only a matter of time before Trump trotter out the “plunge protectors”, and sure enough just minutes after cash reopen, Steve Mnuchin dialed into CNBC, where he said that “we can’t shut down the economy again” amid growing fears of a second virus wave, and just to get the Robin hood traders extra pumped, the Treasury Secretary said that another $1 trillion will be pumped into the market economy.

  • MNUCHIN SAYS OVER NEXT MONTH ANOTHER $1 TRILLION WILL BE PUMPED INTO U.S. ECONOMY
  • MNUCHIN SAID ‘WE CAN’T SHUT DOWN THE ECONOMY AGAIN’
  • MNUCHIN ‘QUITE OPTIMISTIC’ IN MEDICAL PROGRESS THAT HAS BEEN MADE ON COVID-19
  • MNUCHIN SAYS FURTHER AID TO STATES WILL BE SUBJECT TO DISCUSSION WITH CONGRESS
[size={defaultattr}][font={defaultattr}]
Unfortunately for the stock market president, unlike previous Mnuchin appearances, this time the market was largely oblivious to his message, and was trading near the worst levels of the session, just around 3,100.
Read full article here…[/font]



Share
[/size]

Offline Viva Cristo Rey

  • Hero Member
  • *****
  • Posts: 8575
  • Reputation: +2444/-374
  • Gender: Female
More money for planned parenthood and people already collecting welfare. 
To live with the Saints in Heaven is all bliss and glory....To live with the saints on Earth is just another story!  (unknown)


Online RomanCatholic1953

  • Hero Member
  • *****
  • Posts: 7676
  • Reputation: +2553/-101
  • Gender: Male
  • I will not respond to any posts from Poche.
More money for planned parenthood and people already collecting welfare.
And including every radical leftwing groups as antifa and black lives matter.

Offline Ladislaus

  • Hero Member
  • *****
  • Posts: 21897
  • Reputation: +12051/-6069
  • Gender: Male
By the "economy" they mean to the bankers and big corporations.  They are shamelessly looting the nation at this point.


 

Sitemap 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16