Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nati…

Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain that the Fed’s monetary policies will lead to hyperinflation in the U.S. Now that the petro-dollar is on its last leg, market analysts are concerned about other countries that depend on the USD. Just recently the U.S. central bank has opened 14 swap lines in order to send billions of dollars to countries who need them.

The Fed Creates 14 Swap Lines for International Central Banks In Desperate Need of Dollars

The U.S. economy is facing some issues that stem from the choices the government used during the Covid-19 outbreak. Rather than follow the footsteps of Sweden and Thailand, U.S. lawmakers decided to shut down the nation’s industries, and to-date, the unemployment levels in America is…