Would love to hear your take on this. I too econ, but am kiddie pool on it.
Would love to hear your take on this. I too econ, but am kiddie pool on it.
Take this spiked usage of the standing repo as a quiet warning of sorts. Money is right behind the scenes, banks & gov are keeping it quiet. While not a crisis, yet, it's something to pay attention to & be cautious.
Take this spiked usage of the standing repo as a quiet warning of sorts. Money is right behind the scenes, banks & gov are keeping it quiet. While not a crisis, yet, it's something to pay attention to & be cautious.
It has seen a HUGE spike in usage since new admin. Even seeing tens of billions in a single day.
This is the first time it has *ever* been used at scale since it was created.
The spike shows banks are short on available cash & using fed bucks to maintain, quietly.
It has seen a HUGE spike in usage since new admin. Even seeing tens of billions in a single day.
This is the first time it has *ever* been used at scale since it was created.
The spike shows banks are short on available cash & using fed bucks to maintain, quietly.
We the people do not have the resources to fence sit or entertain those that do.
We the people do not have the resources to fence sit or entertain those that do.
#pikettytax
#pikettytax
Our entire population is here, progress & has never needed chatgpt.
Our entire population is here, progress & has never needed chatgpt.