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Teddy kgb
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Just now, joeybagadonuts said:

Banks are scared to do anything with it. They park it in the RRP facility nightly to the tune of $1T rather than lend it out or invest it. 

It's not just banks the Fed is seeding.

They're providing "liquidity" in the corporate bond markets.

Which is basically handing them taxpayer money to spend however they want with historically low interest rates.

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5 minutes ago, MonkeyF0cker said:

It's not just banks the Fed is seeding.

They're providing "liquidity" in the corporate bond markets.

Which is basically handing them taxpayer money to spend however they want with historically low interest rates.

Hard not to be concerned about the leverage being used in the $1 quadrillion derivative market. It’s a ticking time bomb 

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