Reverse Repo to Tank Now with Debt Ceiling Increase
The Heresy Financial Podcast - A podcast by Joseph Brown
The Reverse Repo Facility at the Federal Reserve has blown up to astronomical levels over the last six months as the scramble for collateral has left banks with excess cash. But now, the debt ceiling increase will allow the Federal Government to issue debt once again, increasing the collateral in the system. The Fed should push money back out of reverse repo to help sustain demand for treasuries despite high inflation. Get Your FREE $100 of Bitcoin: https://itrust.capital/heresy