Federal Reserve remittances to the US Treasury keep falling 🚨
— Wall Street Silver (@WallStreetSilv) December 24, 2022
Normally the Fed sends it’s interest income profits to the US Treasury.
Now it is all going to commercial banks that have $2+ trillion parked in reverse repos. pic.twitter.com/HHhkpOcdjn
Now it is all going to commercial banks that have $2+ trillion parked in reverse repos.
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