Something is Very Wrong at The New York Fed
Billions and billions of emergency repo dollars are being pumped into the largest American banks attempting to assuage demand for CASH.
It appears something is sucking CASH from the American Banking System. Oh dear! What could it be?
https://www.newyorkfed.org/markets/opolicy/operating_policy_191023
Good luck everybody!
The system is failing. Real accountability cannot be denied. Get on-board now!
New York Fed in emergency override, attempting to control the lending rate through an influx of CASH on the repo market.
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