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New Reverse Repo record. $1.973 Trillion

Posted on 5/18/22 at 1:00 pm
Posted by GhostOfFreedom
Member since Jan 2021
11706 posts
Posted on 5/18/22 at 1:00 pm
Posted by plaric
Pike Road, Alabama
Member since Jun 2011
2204 posts
Posted on 5/18/22 at 1:01 pm to
What is a reverse repo?
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 5/18/22 at 1:02 pm to
Not good…..

Wait for it.
Posted by lsunatchamp
Member since Feb 2009
2025 posts
Posted on 5/18/22 at 1:04 pm to
Is this where I go steal the repomans truck?
Posted by Malik Agar
Member since Nov 2012
12076 posts
Posted on 5/18/22 at 1:04 pm to
This whole fraudulent system needs to come crashing down
Posted by Jack Carter
Member since Sep 2018
10370 posts
Posted on 5/18/22 at 1:10 pm to
"A reverse repo is a short-term agreement to purchase securities in order to sell them back at a slightly higher price. Repos and reverse repos are used for short-term borrowing and lending, often overnight. Central banks use reverse repos to add money to the money supply via open market operations."
Posted by the_truman_shitshow
Member since Aug 2021
2755 posts
Posted on 5/18/22 at 1:11 pm to
Do you all remember when Long Term Capital Management almost imploded and multiple big banks had to step in to bail them out before the whole "dang system came crashing down?"

Then Goldman Sachs front-ran the Fed to make a quick buck and saved their own asses?

I think the current situation is a little like that but worse by several orders of magnitude atop with a liquidity crisis nuclear chain-reaction about to happen. Where a few will profit bigly but everyone else will burn.

The percentages always remain the same. Every man for himself. Who will get the lifeboats and who will be stuck on the Titanic?
This post was edited on 5/18/22 at 1:15 pm
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 5/18/22 at 1:11 pm to
The solution to inflation is to add more money to the economy.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 5/18/22 at 1:13 pm to
paging wutangfinancial to break this down
Posted by SantaFe
Baton Rouge
Member since Apr 2019
6570 posts
Posted on 5/18/22 at 1:16 pm to

Pray for our Country.
Posted by aubie101
Russia
Member since Nov 2010
3090 posts
Posted on 5/18/22 at 1:22 pm to
Kind of clueless on this. So is this 2008 type of bad, or 1929 level bad?
Posted by Nosevens
Member since Apr 2019
10295 posts
Posted on 5/18/22 at 1:23 pm to
Kinda smiled I’d that one
Posted by Nosevens
Member since Apr 2019
10295 posts
Posted on 5/18/22 at 1:26 pm to
On right track but think the worse of both hitting and you might be a little bit closer
Posted by aubie101
Russia
Member since Nov 2010
3090 posts
Posted on 5/18/22 at 1:28 pm to
quote:

On right track but think the worse of both hitting and you might be a little bit closer



So Mad Max type of scenario
Posted by the_truman_shitshow
Member since Aug 2021
2755 posts
Posted on 5/18/22 at 1:39 pm to
quote:

So Mad Max type of scenario


Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57306 posts
Posted on 5/18/22 at 1:39 pm to
A trillion plus a day is pretty normal

Closing in on 2 trillion a day is not

That’s a great indicator of how bad inflation really is
This post was edited on 5/18/22 at 1:40 pm
Posted by beebefootballfan
Member since Mar 2011
19026 posts
Posted on 5/18/22 at 1:40 pm to
RRP's can also be used to take money out of the system.
Posted by deathvalleytiger10
Member since Sep 2009
7570 posts
Posted on 5/18/22 at 1:45 pm to
I still don't understand this, at all.

Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18637 posts
Posted on 5/18/22 at 1:50 pm to
quote:

Kind of clueless on this. So is this 2008 type of bad, or 1929 level bad?



Add them together and divide by .75 and you have about the correct scale. The bigger issue is every move the administration makes seems to be designed to worsen the situation, not improve it.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18637 posts
Posted on 5/18/22 at 1:53 pm to
quote:

A trillion plus a day is pretty normal



Not really unless your normal only goes back to August of 2021, that was the first time the trillion dollar mark was ever crossed.

Up until then $100 billion was a big market.
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