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yesterday was Sunday March 19th and it was the Second Sunday in a row that the Federal Reserve felt compelled to make an announcement to the public to reassure everyone theyre doing something dont need to know what it is but theyre doing something and theyre making a big deal out of it especially this one this one happens to be Global whereas last Sunday they were talking about Silicon Valley Bank signature Regional U.S Bank something about funding and depositors there a brand new four-letter program called the btfp this Sunday sounded more Global than National because it was again the Central Bank liquidity swaps or overseas dollar swaps and I know what youre thinking youre thinking wait a minute havent these dollar swaps been around for basically 15 almost 16 years now and the answer is yes these dollar swaps go all the way back to December 2007 and they have been used in repeated fashion during times like this and the FED continues to make different announcements about them b