Federal Reserve announces the extension of its temporary U.S. dollar liquidity swap lines. Can someone please translate this into language a 7yr old can understand? - The Great Awakening

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Federal Reserve announces the extension of its temporary U.S. dollar liquidity swap lines. Can someone please translate this into language a 7yr old can understand? (www.federalreserve.gov)

posted 3 years ago by Aussie_Lurker 3 years ago by Aussie_Lurker +60 / -0

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– shake-n-bake30 3 points 3 years ago +3 / -0

Very nice explanation. I might add that it’s a clever way to delay inflation domestically, as it takes time for the USD to make it back to US economy

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