MacroVoices #380 Jim Bianco: FOMC to China to Dollar to AI
Macro Voices
00:00
The Reverse Repo Facility Is a New Dynamic for the Money Market Industry
The Fed's reverse repo facility has $2.2 trillion in it, which is outside of the financial system. Money market funds get paid 5.05% for their overnight loans to the Fed. The Treasury will try and raise net new money of around $700 billion through extraordinary measures.
Play episode from 36:09
Transcript
