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us fed xmas repo injection 425billion, page-5

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skypiliot

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17/12/19

11:13

Post #: 42006014
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Originally posted by kingpins: ↑

Hi Sky
where banks exchange high-quality collateral for cash

But are they High collateral, there have been suggestions that they are junk inc derivatives

Fed officials have puzzled over the banks’ unwillingness to lend into the market when the Sept. 17

Other banks are unwilling to take the junk and the Fed will be more accommodating if they can't be paid back on time

It would appear that banks are using the Fed as their own private ATM machine to get money from on demand, so in fact the Fed is being played by the BIS

There is always another slant on any media story and Government report

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Hi,
My suspicion is that one or more major bank is in difficulty . JPM perhaps
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