Banks Are Getting a Free $100 Million Every Day From Reverse Repo?

The Heresy Financial Podcast - A podcast by Joseph Brown

Categories:

Today we're talking about the Reverse Repo Facility again, I've been getting a ton of DMs and comments from people about this recent article from Zero Hedge. They're saying that the Fed is quietly handing out a $250 million dollars to a handful of recipients that are very happy because they're getting a ton of money, risk free, from the Fed to park their cash in the Repo Facility. So stay tuned because I am going to explain what is going on.