Regional banks are drawing billions from the Fed, and contagion is beginning to look like a reality; You won’t believe how bad the cash shortage just got

The regional banking crisis is much worse than they make it out to be. Since Aug, banks have tapped the Fed for $863 million, and from May to June, $555 million.

As shown by the facility, it is progressively getting worse.

Contagion is beginning to look like a reality.


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