Billions of dollars are flowing out of the traditional banking system as money market funds witness a wave of inflows. According to fresh stats from the Federal Reserve Economic Data (FRED) system, $48.81 billion in deposits exited American bank accounts from August 10th through the 16th. In the last year, a the total amount of The post $48,810,000,000 in Deposits Exit US Banks in One Week As Money Market Funds Report Massive Inflows appeared first on The Daily Hodl .
