$10.06 Trillion of Repos to be pumped by the Fed into the financial sector from 3/12/20 - 4/13/20. Must be nice to have that kind of cushion. This is definitely not free market capitalism.
newyorkfed.org
Federal Reserve Repo Operations Market
Samuel Diaz
Other urls found in this thread:
en.wikipedia.org
marxists.org
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Jaxon Stewart
pic related
Robert Wood
Man, do they not understand this artificial pumping is only going to make the crash much bigger?
Connor Hill
If you don't go all in on svxy monday morning, you deserve to miss out.
Guaranteed to quadruple your wealth.
Kevin Phillips
What is wrong with money printing?
Thomas Kelly
to put things in perspevtive, here's last month's repos
pic related
Elijah Sanders
Fed spreadsheet shows which are reverse repos and which are repos.
pic related
Lucas Brown
Would shorting the market lose money if the pump is going to happen regardless? Or just wait it out? Idk what im doing.
Ethan Powell
will this finally cause inflation? Theres no wait it wont right?
Justin Edwards
This will cause a great depression
Ryan Sullivan
They have pumped in about two trillion since Sept 2019.
I'm going to have to change pic related to $2.5 Trillion a week.
Owen Clark
Dump the UVXY you bought last month (right?) and put it in SVXY.
This is once in a lifetime.
Jaxson Cruz
Qrd on significance of repos... how is this money printing. Isnt a repo when you take property after failed to pay debt... right? Fed buying those properties now, is that what this is? Explain to non-finance fag please.
Joseph Cox
>$10.06 Trillion of Repos to be pumped by the Fed into the financial sector from 3/12/20 - 4/13/20. Must be nice to have that kind of cushion. This is definitely not free market capitalism.
Justin Robinson
>I don't understand what shot term liquidity loans are, The Thread.
Liam Powell
Socialism for the wealthy. Rugged individualistic capitalism for the poor.
Alexander Peterson
do you really believe that the crash wasn't factored into this?
you're wrong, everything is going according to plan
Andrew Green
>>I don't understand what shot term liquidity loans are, The Thread.
>I don't understand that the money to lend is created out of thin air and that new money is still in the market causing massive distortions, The Post.
James Peterson
>Isnt a repo when you take property after failed to pay debt..
no that is a car repo
Repo: when Fed loans money short term to banks and holds the borrowing bank’s treasuries as collateral (puts money back into the system)
Reverse repo: when the borrowing bank buys them back at a later date (takes money out of the system)
Jason Garcia
I could of sworn these "injections" were overnight tie overs, which are paid back in the morning with about 1.64% interest.
So it's not that they pumped 10.06 trillion into the accounts, its that they have 10.06 trillion worth of over night holdings to prevent companies having to pay during the down period.
Please correct me if i am wrong.
Blake Johnson
congress can't pass sick paid leave because of corona but the stock market gets trillions from the fed, love this shitty hyper-capitalist country
Caleb Perry
Brrrrr haha
Julian Hernandez
It's more like trillions of dollars switching hands between banks, back and forth to meet liquidity requirements, kind of like the Madoff scheme. The old shell game.
Xavier Reyes
So this is banks borrowing against the the funds they already hold? Do you mean bonds by treasuries, i assume they arent borrowing against deposits.
Leo Bennett
HAHA BRRRRRRRRRRRR
John Sanchez
Your a retard if you are betting on the market to go up
Hunter Torres
brrrrr
Isaac Price
treasuries, agency securities and mortgage backed securities are allowed as collateral
Isaac Jenkins
>capitalist
The Federal Reserve is government intervention in the marketplace.
Eli Mitchell
Ok... so short the dollar?
Brody Rodriguez
Carter Moore
Yes of course comrade. The government knows exactly how to stop the market from crashing. Forgive me for my doubts of the government knowing all and being all. 2009 crash wasnt real. It was anti government propaganda. Same with the crash before that, and before that, and before that, and before that, and before that etc....
Hunter Thompson
Fed is socialism for the rich
Benjamin Green
>hyper-capitalist country
Thomas Cooper
In the long term, yes. In the short term, you'd have to be a retard to not bet on a bounce.
James Wood
haha
Carson Nelson
They are a private organization. So technically it's charity. If you don't like what they do start your own private monetary system built on inherited wealth.
Lincoln Gray
why does bernie want a socialist revolution? looks like the u.s. already has socialism, but only for welfare queens and the (((1%))) lmao.
Juan Fisher
hedge funds holding junk corporate bonds are in need
Tyler Thomas
He can be a party member and part of the 1%? Duh.
Camden Myers
Andrew Wood
Guess I’ll close my short positions next week
Luke Smith
It was easily detectable sarcasm, not bait you retard.
Xavier Wilson
oh, i encounter people that actually think that way
Brayden Barnes
It is retard. The Fed is a private institution
Aiden Ramirez
>They are a private organization. So technically it's charity.
>The Reserve Banks are organized as self-financing corporations and empowered by Congress to distribute currency and regulate its value under policies set by the Federal Open Market Committee and the Board of Governors. Legal cases involving the Federal Reserve Banks have concluded that they are neither "private" nor "governmental" as a general rule, but may be treated as either depending on the particular law at issue. In United States Shipping Board Emergency Fleet Corporation v. Western Union Telegraph Co.,[5] the U.S. Supreme Court stated, "Instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. They are private corporations in which the government has an interest." The United States has an interest in the Federal Reserve Banks as tax-exempt federally created instrumentalities whose profits belong to the federal government, but this interest is not proprietary.[6] In Lewis v. United States,[7] the United States Court of Appeals for the Ninth Circuit stated that: "The Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations." The opinion went on to say, however, that: "The Reserve Banks have properly been held to be federal instrumentalities for some purposes," such as anti-bribery law. Another relevant decision is Scott v. Federal Reserve Bank of Kansas City,[6] in which the distinction is made between Federal Reserve Banks, which are federally created instrumentalities, and the Board of Governors, which is a federal agency.
en.wikipedia.org
>Federal government creates it; decides whether it is "private" or "governmental" at its convenience.
DURR IT'S PRIVATE HURR
Angel Cruz
>It is retard. The Fed is a private institution
see
Kayden Hernandez
>The Fed is a private institution
Why do we pay a private cartel of banks compounding interest to issue our currency out of thin air in the form of debt?
Jackson Thompson
Fucking flat earther of politics you retards are. This is capitalism, free markets, unregulation. Fuck off cunt
Oliver Davis
Whelp prepare to lose everything folks the elites want everything you have no surprise rich people always need their extra houses, cars, boats and planes after all fuck the people if they have no home, job or food to survive their lesser beings.
Noah Bell
Because we have no government power because private corporations have usurped it
Julian Johnson
The fed obviously should be nationalized not run by spooky people helping their rich cronies.
Josiah Cooper
how is central banking part of the free market?
Levi Brown
>Fucking flat earther of politics you retards are. This is capitalism, free markets, unregulation. Fuck off cunt
Central banks are literally one of the planks of communism.
5. Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.
marxists.org
keep seething faggot.
Jordan Turner
you really took what I said the wrong way.
The market panics of the past, all of the bank runs that ensued lead to the central banking system (1913 Federal Reserve Act) which in two decades bankrupted your government and ultimately had it dissolved (1933 Emergency Banking Act) by Roosevelt.
With the dollar being backed by your income tax, fractional reserve lending, quantiative easing and every other trick in the book as lead to the most ballooned debt on the planet and all of your earnings are going to only paying interest on that debt.
Finally, those who hold the treasury bonds can cash them in at any time and bankrupt the treasury again but there won't be a second bank to go to for a loan, that's the crash I'm talking about and it was all in the design made a century ago
Nathan Martin
>trading volatility
Gabriel Lewis
That’s the point.
Levi Hill
necessity is the mother of invention, and from what I'm seeing, the Fed is doing a fine job imploding all on its own. They have enabled a 130% debt:asset leveraged corporate bond market to the tune if $7 trillion. That is what is starting to default now. The banks are putting themselves out of business with their schemes, with ultra low rates, money doesn't make money anymore.
Brayden Carter
>fed obviously should be nationalized
checked
Jason Parker
Central banks under the BIS are the textbook definition of fascism, the marriage of government and business.
Adam Richardson
Lincoln tried to break ranks and used his constitutional power to print the greenback, this is ultimately why he was assassinated because his decision made the US extremely profitable and this went against the bankers in the City of London, his masters.
Jack Bennett
>which in two decades bankrupted your government
Jayden Myers
money made on a white genocide economy. go f*** yourself, shill
Nolan Diaz
>every other trick in the book as lead to the most ballooned debt on the planet and all of your earnings are going to only paying interest on that debt
David Campbell
> textbook definition of fascism, the marriage of government and business.
The party is all-embracing. It rules our lives in all their breadth and depth... There will be no license, no free space, in which the individual belongs to himself. That is Socialism... Let them then own land or factories as much as they please. The decisive factor is that the State, through the party, is supreme over them, regardless whether they are owners or workers." ~Hitler
"State capitalism would be a step forward as compared with the present state of affairs in our Soviet Republic. If in approximately six months' time state capitalism became established in our Republic, this would be a great success and a sure guarantee that within a year socialism will have gained a permanently firm hold." ~Lenin
"Three-fourths of the Italian economy, industrial and agricultural, is in the hands of the state. And if I dare to introduce to Italy state capitalism or state socialism, which is the reverse side of the medal, I will have the necessary subjective and objective conditions to do it." ~Mussolini
"The only thing requiring explanation is the good side of slavery. I do not mean indirect slavery, the slavery of the proletariat; I mean direct slavery, the slavery of the Blacks in Surinam, in Brazil, in the southern regions of North America.
Direct slavery is as much the pivot upon which our present-day industrialism turns as are machinery, credit, etc. Without slavery there would be no cotton, without cotton there would be no modern industry. It is slavery which has given value to the colonies... Slavery is therefore an economy category of paramount importance. Without slavery, North America, the most progressive nation, would be transformed into a patriarchal country. Only wipe North America off the map and you will get anarchy, the complete decay of trade and modern civilization. But to do away with slavery would be to wipe America off the map." ~Marx
Christopher Martinez
cuckoo
>poor AI?
Luis Ward
>would be transformed into a patriarchal country
as if it wasn't
Gavin Murphy
>government
Ian Williams
What you are describing is crony capitalism, you illiterate burger
Dylan Robinson
>as if it wasn't
>Marx is wrong again.
Who knew?
Although any state is patriarchal when it tells people what to do.
Daniel Morgan
Unfortunately, our state capitalism only applies to the financial sector and what ever business they're (the fed and its shareholders, the big banks) looking to pump and dump or to merger and acquire. we have a very intense form of financial sector fascism with no benefit to the taxpayers. It is like having a tapeworm.