Reverse Repo is setting all time highs every day now. 6/23: 813.573 billion dollars!
(media.greatawakening.win)
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Can you translate in layman's terms ?
The banks have wayyyyyy too much cash and it's getting out of control. They have so much liquidity they park it with the Fed overnight (for zero or next to zero interest) just to balance their books for the day.
It means when Biden says the markets are fine, he's lying through his teeth.
Thanks a bunch. I really oughta study about finance when this is over
We all should, I'm a smooth brain with it too, just learning what I can. It's one of the methods of oppression; make finance so complicated that the average person has no chance to comprehend it without heavy study and then you can do whatever illegal shady thing you want because 99% of the country has no clue what you're doing or how to catch you.
Money printer go brrrrr to kickstart economy after C19. Too much of something will drive the prices (value) of that product ($) down. Printing tools much fiat will certainly lead to higher (hyper?) inflation. One of the most important tools to fight inflation is to increase the interest. It worked back in the early 80s, because the government debt weren’t too bad. If FEDs are to increase the interest to 20%, every dollar paid in taxes would go towards paying off interest on the gov debt.
Tldr: US economy is FUBAR