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Fed Adds $56.72 Billion to Markets for Calm Start to 2020


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1 minute ago, racer254 said:

LOL  Demanding answers now?   

Seeing that a one day bailout of Wall Street can average anywhere from $50-150 billion per day since September, and total foreign aid per year is $50b. Yeah. Answer the question. 

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5 minutes ago, spin_dry said:

Seeing that a one day bailout of Wall Street can average anywhere from $50-150 billion per day since September, and total foreign aid per year is $50b. Yeah. Answer the question. 

Post the whole story and maybe you would get an answer....but we all know why you can't do that. 

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Just now, racer254 said:

Post the whole story and maybe you would get an answer....but we all know why you can't do that. 

Here you go. Now tell me what’ll happen if the feds don’t bail out the market.
 

The Federal Reserve Bank of New York added $51.15 billion in temporary money to financial markets Friday.

The Fed’s intervention came via an overnight repurchase-agreement operationthat took in Treasury, agency and mortgage securities. Eligible banks sought far less liquidity than the Fed was willing to offer.

Fed repo interventions take in bonds from eligible banks in what is effectively a short-term loan of central bank cash, collateralized by the securities. Banks eligible to access these operations are limited in the amount of liquidity they can tap from the Fed.

Late Thursday, the Fed reported that its balance sheet had risen to $4.17 trillion as of Jan. 1 from $3.8 trillion in September. About $255.6 billion in repo interventions were also outstanding then.

The modest demand for Fed liquidity comes after a quiet turn of the year. The Fed has been adding substantial amounts of liquidity to markets to ensure that the federal-funds rate stays within its current 1.50%-to-1.75% target and other short-term rates don’t see unwanted amounts of volatility. On Thursday, the effective fed-funds rate was 1.55%.   
 

The Fed has been intervening in markets since September, but repo operations have been in its toolkit for decades. The Fed seeks to control short-term rates to set a baseline for overall borrowing costs as part of its mission to keep inflation stable and job growth as strong as it can be.

 

The repo market shook the financial world in September when an unexpected rate spike choked short-term lending, spurring the Federal Reserve to intervene. WSJ explains how this critical, but murky part of the financial system works, and why some banks say the crunch could have been prevented. Illustration: Jacob Reynolds for The Wall Street Journal

Write to Michael S. Derby at michael.derby@wsj.com

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It's been over $1.5 trillion so far. Sounds like Deutsch bank holds about $50 trillion in interest bearing derivatives. Who knows what else is out there. 

Heres a link for racer cuz he's too dumb to Google.

https://www.globalresearch.ca/bank-49-trillion-dollars-exposure-derivatives-melting-down/5684294

 

Also $1.5 trillion in cash (US dollars) has gone off the radar. So it seems there are some out there that aren't trusting the banking institutions with their money and are hoarding cash money usd. It's like the great depression all over again. Your money is safer in your mattress than the bank! 

Another link for dumb ass racer.

https://www.foxbusiness.com/money/steven-mnuchin-100-dollar-bills-disappearing

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20 minutes ago, Anler said:

It's been over $1.5 trillion so far. Sounds like Deutsch bank holds about $50 trillion in interest bearing derivatives. Who knows what else is out there. 

Heres a link for racer cuz he's too dumb to Google.

https://www.globalresearch.ca/bank-49-trillion-dollars-exposure-derivatives-melting-down/5684294

 

Also $1.5 trillion in cash (US dollars) has gone off the radar. So it seems there are some out there that aren't trusting the banking institutions with their money and are hoarding cash money usd. It's like the great depression all over again. Your money is safer in your mattress than the bank! 

Another link for dumb ass racer.

https://www.foxbusiness.com/money/steven-mnuchin-100-dollar-bills-disappearing

You’re a fucking paid poster. Get outta here!!! 

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1 hour ago, spin_dry said:

Seeing that a one day bailout of Wall Street can average anywhere from $50-150 billion per day since September, and total foreign aid per year is $50b. Yeah. Answer the question. 

Correct as much as F/A disgusts me , it is only 1% of the fed budget. Still needs to be cancelled. Or at least stopped till we are giving them money we didn't have to borrow.

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