Video Link: https://www.youtube.com/watch?v=ZyUF2XYpa9M
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The reverse repo market is exploding – reverse repos are used for short term borrowing and lending, often overnight. Central banks use reverse repos to add money to the money supply via open market operations.
George Gammon, founder of the Rebel Capitalist explains to our Daniela Cambone that the Fed’s reverse repo facility is exploding higher again, which is signaling a coming economic crash. Recently, the facility took in a record $992 billion in cash from money-market funds.
#federalreserve #economy #investing
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