Data indicates that the U.S. central bank leveraged secret repo loans to provide a whopping $48 trillion to megabanks in 2019 and 2020. FederalReserve Bailouts
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
stems from Wall Street on Parade’s Pam and Russ Martens, which accuses the Fed of secretly loaning the French megabank BNP Paribas $3.84 trillion in the first quarter of 2020.derived from the New York Federal Reserve branch. The data dump showcases secret repo loans from the Fed to megabanks from September 17, 2019, to July 2, 2020. The Wall Street on Parade authors say the media has not reported on the data dump at all.
“Mainstream media has heretofore instituted a news blackout on the names of the banks that received the repo loan bailouts and the Fed’s data releases,” the Martens expose details. “As of 4:00 p.m. today, we see no other news reports on this critical information that the American people need to see,” the authors said on March 31, 2022. As of today, April 13, 2022, there are no mainstream media outlets that have covered this news, after Bitcoin.com News searched for more information.
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