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The Fed just dropped $18.5 billion into the banking system this week. It's only the fourth biggest cash infusion since the pandemic panic and even tops the dot-com bubble's peak. (fred.stlouisfed.org)

submitted 2 months ago by cm0002@toast.ooo to c/usa@midwest.social

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[–] lath@piefed.social 2 points 2 months ago* (last edited 2 months ago)

I'm not in the know with current events beyond the AI bubble needing to build a lot of infrastructure that doesn't exist and ICE needing a lot of warehouses for their concentration camps.

Then again, a lot of small-time businesses supposedly went and are going bankrupt + unemployment went way up compared to previous years, so there's probably some kind of disaster going on in the background.

Just guessing though...

Edit: came across this https://piefed.social/c/business/p/1796464/amd-s-ai-chips-to-be-used-as-debt-collateral-in-300-million-loan-report-says-cloud-star

Might be just a coincidence.