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Unforced Error By Fed Puts Dollar System in Trouble.
#RRP #repo #federalreserve #FOMC #dollar #liquidity #SLR #Basel3 #markets #reversereporate #zoltan
Today we will look at the plumbing or pawn shop of Wall Street which is also known as the repo market.
According to a repo specialist from Credit Suisse, Zoltan, who. has also worked for the Fed the U.S. Central Bank made a big mistake last week by raising the reverse repo rate from zero to 0.05% and that it could create a major liquidity crisis.
Powell Just Launched $2 Trillion In "Heat-Seeking Missiles": Zoltan Explains How The Fed Started The Next Repo Crisis: https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next
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