Repo Kiting on Wall Street — with Connivance of Federal Reserve?
United Front Against Austerity|Tax Wall Street Party American System Network|Monday, January 13, 2020 New York Fed Has Pumped $6 Trillion into Collapsing New York Repo Market, Creating Permanent Addiction to Low-Interest Cash; Doubtful That Overnight and Short Term Repurchase Agreements Have Been Paid Back: More Likely Many Repos Have Been Rolled over Using New Borrowing! […]
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