It’s just the opposite of a repo, and it is happening a lot now because it was recently incentivized.
Banks loan out money to FED for a day in exchange for the FED loaning them assets (a repo is functionally the opposite), but they banks now make something like 8-15% interest on the deal since a new official change.
It’s a way to bail out the banks and make it look inconspicuous.
Ugh tray tables up seat backs in upright position …
... put your head between your knees and kiss your ass goodbye...
Because we got the jab in Trinidad.
That’s not what a reverse repo is.
It’s just the opposite of a repo, and it is happening a lot now because it was recently incentivized.
Banks loan out money to FED for a day in exchange for the FED loaning them assets (a repo is functionally the opposite), but they banks now make something like 8-15% interest on the deal since a new official change.
It’s a way to bail out the banks and make it look inconspicuous.
Money is toxic, no one wants to hold it