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The 2 largest numbers on their balance sheet are: Reserve Bank credit: 7,009,664 Securities held outright[1]: 6,115,130 [1] Includes securities lent to dea
by throwaway_USD 6y ago
The 2 largest numbers on their balance sheet are:
Reserve Bank credit: 7,009,664
Securities held outright[1]: 6,115,130
[1] Includes securities lent to dealers under the overnight securities lending facility (when people talk about JPow money printer go brrr...this is what they are talking about and nearly every night for 2 months after the FED got the $4T overnight the markets would skyrocket)