Here's another great article from Lavish. He analyzes a Lyn Alden tweet about the fed's reverse repo facility likely running dry in early 2024.
The best part is that Lavish clearly explains what the hell repo and reverse repo are. I have learned about this many times, but I always need a refresher.
142 sats \ 2 replies \ @fiatbad 19 Nov 2023
I'll bet 20,000 Sats the Fed will end QT and lower interest rates just before the repo facility runs dry.
Even if they aren't quite ready to do so, they won't have much choice at that point.
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0 sats \ 0 replies \ @ShortSimon 19 Nov 2023
of course they will.
They are masters at kicking the can down the road.
Like an experienced heroine addict they more adept at kidding themselves than anyone else.
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0 sats \ 0 replies \ @siggy47 OP 19 Nov 2023
I agree.
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233 sats \ 0 replies \ @elvismercury 20 Nov 2023
At last! I've never bothered to dig into this, so appreciate the resource. Now I'll be able to sound a lot smarter at Thanksgiving :)
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