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There is literally a trillion dollars too much in cash in banks right now. All of that money just sits in reverse-repo with the Fed. So I don’t know how you’re
by pmalynin 4y ago
There is literally a trillion dollars too much in cash in banks right now. All of that money just sits in reverse-repo with the Fed.
So I don’t know how you’re claiming that banks aren’t sitting on too much cash?
- thoughtstheseus 4y agoCloser to $1.7 trillion last I checked. “Money” is inventory for a bank. You can have too much inventory.
- missedthecue 4y agoInventory causes problems if you're not moving product.
- FartyMcFarter 4y agoThey can give some of it to Ukraine.
- Thorrez 4y agoThe bank's customers might not be very happy they the bank gave their money away.