Unforced Error By Fed Puts Dollar System in Trouble.
Today we will look at the plumbing or pawn shop of Wall Street which is also known as the repo market.
According to a repo specialist from Credit Suisse, Zoltan, who. has also worked for the Fed the U.S. Central Bank made a big mistake last week by raising the reverse repo rate from zero to 0.05% and that it could create a major liquidity crisis.
Powell Just Launched $2 Trillion In "Heat-Seeking Missiles": Zoltan Explains How The Fed Started The Next Repo Crisis: https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next
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