This is what they last said they are going to do:
Next quarter they are estimating $393B of additional USD savings but are only planning on providing an additional $95b of UST securities accounts ..... and zombie morons are currently thinking “hey! what if China doesn’t lend us the money!?!?”..... FTR.
So does that mean we are looking at another 300b added to the balance sheets of the commerical banks next quarter? If so then does that mean 900b will be added on this quarter?
ReplyDeleteIf they do it saint... yes most will end up as Reserves at depositories ...
ReplyDeleteSo that would be 1.2T over two quarters. Not as bad as it was in March I suppose...
ReplyDelete