7 Repo Panic Returns As Fed Injects $99BN In Liquidity, Including First Oversubscribed Term Repo In Three Weeks (www.zerohedge.com) posted 1 year ago by Lurker32 1 year ago by Lurker32 +7 / -0 4 comments share 4 comments share save hide report block hide child comments Comments (4) sorted by: top new old worst ▲ 5 ▼ – Intlrnt 5 points 1 year ago +5 / -0 Shame on me. I’ve been using money for several decades, but this headline - supposedly composed for mass consumption - is incomprehensible to me: ‘Repo Panic Returns As Fed Injects $99BN In Liquidity, Including First Oversubscribed Term Repo In Three Weeks’ permalink save report block reply ▲ 1 ▼ – bobdole9 1 point 1 year ago +1 / -0 I like to think I'm not a moron, but can't understand this either. Are we talking houses and cars or some other things? permalink parent save report block reply ▲ 1 ▼ – Lurker32 [S] 1 point 1 year ago +2 / -1 We are talking about the money the fed lends overnight to banks. 99 Billion. A Staggering figure permalink parent save report block reply ▲ 1 ▼ – bobdole9 1 point 1 year ago +1 / -0 Thank you pede for the explanation! permalink parent save report block reply
Shame on me.
I’ve been using money for several decades, but this headline - supposedly composed for mass consumption - is incomprehensible to me:
‘Repo Panic Returns As Fed Injects $99BN In Liquidity, Including First Oversubscribed Term Repo In Three Weeks’
I like to think I'm not a moron, but can't understand this either. Are we talking houses and cars or some other things?
We are talking about the money the fed lends overnight to banks. 99 Billion. A Staggering figure
Thank you pede for the explanation!