So after a reduction to 0% rate, and then the $1.5 trillion the Fed pumped into circulation did nothing to calm the markets, they've decided that printing an infinite amount of currency, by way of an unlimited quantitative easing scheme, might help. Wrong again.
The US financial system is beginning to resemble China's.
These measures are very worrying.
https://www.cityam.com/us-federal-re...and-expand-qe/