The Fed's Reserve Repo Facility

The Fed will issue T bills Not to spend it in the real economy, but to boost the treasury general account. Reserves are generally so-called liquidity by 90 percent of fin twit is the balancing mechanism in here. The reserve repo facility that's over two trillion dollars as we speak could basically offset this operation without reserves taking most of the hit. This would be my conclusion That's exactly that's exactly you know that I mean it makes a lot more sense.