Originally Posted by Southerntier8
Originally Posted by akrange
I’d be worried about the Reverse Repo where all this type of Money is Parked..

The Fed is Now Insolvent because of their Interest Rate Hikes ..

They are paying 250 Million a Day to 8 Money Center Banks for parking their cash in the Repo..


Look for the Fed to Go to Congress and ask for a Bailout Soon..

I believe a Gush of Fake Money will Flood the Markets looking for Yield.. The Bond Market in Particular..

If Yellen and J.Rome don’t have a Plan it will be Up for Markets then when people figure out the Cash is Trash ..

The Black Hole .. Dark Ages.. Hand to Hand Combat..

Bad ain’t the Word ..

You are confusing CD's with Money Market Funds. CD's are FDIC insured, like savings accounts. It was Money market Funds that were in danger of going under when the reverse repo market froze up.


You are confusing FDIC with something that would actually have the funds to pay you out if everything went sideways.......................

To anger a conservative, lie to him. To annoy a liberal, tell him the truth.

Promoted to Turdlike status 03/17/12