An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, December 1, 2022
Lotsa QT yesterday
Hmmm what about the loss of all the Art Degree figurative “liquidity!”?
It was more than offset by the funds leaving the Fed's Reverse Repurchase Facility.
ReplyDeleteThe RRP facility increased by $66.3 bln in the week. Reserves with Federal Reserve banks fell by $116.6 bln, the largest decline in 2 months.
ReplyDelete“Less money!”
ReplyDelete