$1 TRILLION REPO OPERATIONS PER DAY FOR A MONTH >$1 TRILLION REPO OPERATION PER DAY FOR A MONTH $1 TRILLION REPO OPERATIONS PER DAY FOR A MONTH >$1 TRILLION REPO OPERATION PER DAY FOR A MONTH $1 TRILLION REPO OPERATIONS PER DAY FOR A MONTH >$1 TRILLION REPO OPERATION PER DAY FOR A MONTH $1 TRILLION REPO OPERATIONS PER DAY FOR A MONTH >$1 TRILLION REPO OPERATION PER DAY FOR A MONTH
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH HOLY SHIT ITS ACTUALLY OVER LMAO $30 TRILLION DOLLARS IN 30 DAYS AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR for a month
Repo is a scam where primary dealers where are able to dump worthless assets onto the Feds balance sheet at book value for Tbills.
Ever seen an illiquid shitcoin with a marketcap of 10 million or so, but you can only sell $100 without dumping the price? Repo allows you to swap that as collateral and the FED will give you the full market value for it without the need for an orderbook or liquidity or anything like that.
This is the biggest scandal of our lifetimes.
Jordan Carter
Its not a cure for it retard, and even then malaria medicine fucks you up, shit aint fun to be on
Brayden Carter
they aren't you can't taper a ponzi scheme
Noah Walker
How do you profit from it though? Long Russian currency?
Ryan Gonzalez
No idiot, the trillion rolls over. They aren’t additively buying a trillion to their long term books each day
Mason Thompson
not only that, but also they will accept it at a 30-day old price lmao
Brody Anderson
> In 1 month the US dollar will be worth 30 cents. Not in 1 month but most likely 2-5 years.
Andrew Martin
Hyper inflation
Jose Gray
Ahahahahahahahahahahahahahahahaha
Alexander Sullivan
Wouldn't you still be better off with precious metals?
Wyatt Wright
Buy gold and silver now. Or convert it to Canada bux.
Evan Bennett
>pump up those stocks bois >what do mean? what 'real economy' lmao
Nolan Kelly
In this climate you have to be an absolute fucktard to spend money on a useless ERC20 “somehow” attached to an unused web scraper. Absolute fucktard user.
Evan Young
the next day usually
Brayden Ortiz
Soon
Oliver Evans
Canada is not going to stop the virus, they will reach full infection.
Easton Lewis
Can confirm, you’ll have some fucked up dreams on that shit
Wyatt Peterson
Thanks for explaining. I can only understand economic concepts when put in cryptocurrency terms that I can understand. Retard status.
Logan Flores
where does the extra money to buy these worthless assets come from
Noah Perry
Clear. Nicely done.
Alexander Perry
Lmao you pathetic fiatless never fail to make me laugh with your ”brrrr” threads. Face it. most central banks have infinitely more currency than any of you sad virgins ever will be. You are on the wrong side of history. get over it losers
Mason Evans
Canuck bucks are no better
Owen Roberts
These repo loans are supposed to be for 1 month, I believe. Realistically they'll never be paid back.
Jason Baker
Still not getting it? THIN FUCKING AIR is where it comes from. More accurately.. it’s value comes from diluting the value of the money currently in circulation. So it comes from YOU.
Isaac James
It’s going to be so fun to watch you faggots lose everything
Jeremiah Sanders
Crushes the hopes and dreams of the next thirteen generations, but at least Boeing wont lose all their workers so boomers can retire with a fully profitable 401k soon! Too few such cases. Sad!
Andrew Davis
I DONT KNOW WHAT THAT MEANS EXPLAIN IT TO ME OTHER THEN PRINT MONEY MEME
It means the US economy is eternally and irreversibly fucked basically. Dont let news tell you that this is necessary. And the poor people will pay the price, as always in free America.
Mason Brooks
Nostockz nocoinz brainlet here. Where do these trillions go to? Like, I understand the idea of a bailout being an injection of money to an entity in order to prevent them from shutting down, but all of these terms about stock market monetary aid confuses me. Do they buy stocks? Do they give people money to buy stocks? All of this is above my head and I want to know who to point my finger at when this all falls through.
Lel. I'm Canadian born and raised for over 30 years. Our economy is FUCKED. Been holding mostly USD as my fiat currency since our toonies took a nosedive in 2013
Jose Adams
There should be a final panel where it's still going down and everyone's still justed
Colton Ward
This only affects banks and bad assets basically its burning off bad debt. It literally won't do anything. Just will keep shit alive and stock market pumps in the end. Basically a life line for rich people.
Luke Sullivan
To the banks. The banks are supposed to be buying stocks that the federal reserve will be buying that stock from them. Basically US market will be literally owned by the federal reserve in a month.
Aiden Anderson
good post, explained it better and shorter than I could
>the federal reserve is buying up the "bad" assets also known as ALL assets >won't affect anything Yeah, it's just that the federal reserve will now literally own america. Other than that it's all fine. And remember it's only a temporary measure lmao
Jaxson Ross
So bascially like selling a used, old car that cant even drive at its original price?
Yes, they did, THE FUNCKING BASTARDS FUCKED UP EVERYTHING AGAIN HAHAHAHAHA
Poetic justice, just pure poetic fucking justice.
Remember, it's just a flu bro, now buy my shitty magic pills.
Jaxson Watson
Your country probably does shit like this too, every country except for maybe a handful like Cuba and North Korea and the like all have central banking systems and all have fiat currencies. They can all pull something similar off.
Daniel Reed
Don't worry goy they're not actually PAYING for those assets, they're just LENDING money (indefinitely). It's a TEMPORARY measure (that will last forever)
Ryder Cox
>mfw $350,000 in low fixed rate mortgage debt on my rental properties
He is right but repo are short term operations , that said mnuchin and the fed will do two stimulus that represent 55% of the us monetary base(the equivalent of 50 years of printing in a few months).
If you pull this kind of a scam literally anywhere else it would cause hyperinflation. The entire house of cards rests on the basis of the petrodollar being a safe haven no matter what. It can NEVER collapse, or so they think
