now the Federal Reserve franchises have their dream come true, note the right side of the chart, high reserves and high IORB
the last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly, they got bailed out again for trillions in 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lol

the fed is the only thing stopping us from taking care of our own people
pic rel shows the NYFed trying to increase reserves (the grey area) and get high IORB, too

now the Federal Reserve franchises have their dream come true, note the right side of the chart, high reserves and high IORB
the last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly, they got bailed out again for trillions in 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lol

pic rel shows the NYFed trying to increase reserves (the grey area) and get high IORB, too

now they have their dream come true, note the right side of the chart, high reserves, and high IORB
the last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly, they got bailed out again for trillions in 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lol

>>513528704
we can have intragovernmental debt without the fed
in fact, the fed is the only thing stopping us from taking care of our own people
pic rel shows the NYFed trying to increase reserves (the grey area) and get high IORB, too

now they have their dream come true, note the right side of the chart, high reserves, and high IORB
the last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly, they got bailed out again for trillions in 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lol

fucking kek