Comments (187)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
traitor_joes 12 points ago +12 / -0

Explanation: there's too much money in circulation. Instead of raising interest rates (which will slow down the economy), the Fed is using reverse repo to temporarily soak up the excess money to prevent explosive inflation. With the Democrats planning to spend trillions more, the Fed knows they'll have to print even more money to finance the spending, triggering even worse inflation. In sum, this is their last-ditch effort to prevent future hyperinflation.

the_riots_woke_me_up 4 points ago +4 / -0

You have any idea how long this bandaid will hold?