Reverse Repo Draining Fast! What Happens When It's Gone?

The Reverse Repo has been quietly injecting money into the bond market since the debt ceiling was suspended in June. There is now just $912B remaining, down from nearly $2.3 trillion just a few months ago. Now the question on everybody's mind, what happens when it gets to zero? Joe Brown from @HeresyFinancial joins me to talk about what happens next.

Link to Joe's video about a failed treasury auction: https://youtu.be/Nu96gTe5410?si=kDfjM_rm6v5Oxway

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Support the Channel by Buying Me a Coffee
https://www.buymeacoffee.com/nobodyspecial
Support the Channel with Melon Merch by TeeSpring:
https://nobody-special-finance.creator-spring.com/

Chapters:
0:00 Intro
1:20 What is Reverse Repo?
9:50 The Reverse Repo Drain
13:02 When Will it Run Out?
15:32 What Happens When it Runs Out?
20:50 Two Possible Outcomes
29:10 The Drop in the 10 Year Yield
33:25 Inflation or Deflation?

Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/

Save $50 Crypto Tax Preparation with Pro Bitcoin Solutions: https://probitcoinsolutions.com/NSF

Recommended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Atomic Habits by James Clear: https://amzn.to/423Odoy
Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS
The Great Taking, by David Rogers Webb (Free PDF): https://thegreattaking.com/

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#ReverseRepo #EndTheFed #bondmarket