The Fed Has Begun Quantitative Tightening
3 years ago
4
Last week, the Fed raised the reverse repo rate from 0.00% to 0.05%. This may sound comically small, but 0.05% interest versus 0% is a alot of money when the principle is in the hundreds of billions if not trillions! The effect of this little discussed change was to immediately suck $250 billion dollars in reserves out of the banking system and return those reserves back to the Fed from whence they came. This is in essence a reversal of quantitative easing. This was $250 billion in quantitative tightening which occurred overnight.
Loading comments...
-
11:27
Sultan of Smug
11 months agoIsrael Declares "No Innocents" in Gaza
1121 -
1:57:39
Redacted News
3 hours agoNATIONAL EMERGENCY! DEVASTATION WORSE THAN HURRICANE KATRINA, MEDIA SILENT | Redacted News
117K229 -
46:00
Candace Show Podcast
3 hours agoKamala Must Answer For This Deranged Lie | Candace Ep 75
85.5K242 -
1:01:59
In The Litter Box w/ Jewels & Catturd
1 day agoMIA: Hurricane Helene Harris | In the Litter Box w/ Jewels & Catturd – Ep. 657 – 9/30/2024
64.3K33 -
1:13:27
Lee Camp
5 hours agoLIVE: The US Fights To STOP Peace From Breaking Out (& much more)
39K -
2:00:02
Film Threat
9 hours agoVERSUS: THE PENGUIN + MEGALOPOLIS | Film Threat Versus
17.6K2 -
2:00:33
Revenge of the Cis
4 hours agoEpisode 1383: Emasculated
34.9K2 -
6:39:54
LumpyPotatoX2
9 hours agoThrone & Liberty: Starring SirLumpy | Early Access - #RumbleGaming
51.9K5 -
2:16
Chicks in the Office
4 hours agoWhy DWTS Won't Come Between Bachelor Nation's Joey & Kelsey
39.5K9 -
3:03
GunBroker.com
12 days agoFeatures of the Colt Python and Colt Anaconda Revolvers | GunBroker
27.4K2