Anybody who really understands the reverse repo facility and/or the banking business/fractional reserve:How may the banks presumably report dangerous earnings tomorrow? Reserve necessities have been lowered to $0 and $2.2 trillion has been...
Obviously there has been a lot of talk about the Federal Funds Rate decisions and Quantitative Tightening/Easing, but it's been troubling why more people aren't talking about the Fed balance sheet.Back in 2008...