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Re: None

Sunday, 10/20/2019 11:03:08 AM

Sunday, October 20, 2019 11:03:08 AM

Post# of 19237
This may be the next disaster waiting to happen. Jamie Dimon seems to think so. The Fed claims they aren't creating more QE, but they're going to have to begin paying much more $$$ into this or it's going to get out of hand.

I believe this may have resulted in their QT taking too much liquidity out of the markets and now they're having to pump it back in to prevent it from collapsing. Just shows how artificially propped up the whole house of cards has become.

https://www.marketwatch.com/story/dimon-says-money-market-turmoil-last-month-risks-morphing-into-a-crisis-if-fed-falters-2019-10-18?mod=home-page