This week, the Federal Reserve's balance sheet contracted by $15.2 billion, bringing it to approximately $7.3 trillion. Meanwhile, the Treasury General Account (TGA) increased by $6 billion to $716 billion, following a $4 billion rise the previous week. Reverse repo facility participation also dropped by $37 billion, settling at $459 billion as of May 29th. Overall, liquidity has decreased to $6.128 trillion.
However, there is positive news on the horizon. The U.S. money supply (M2) is showing signs of growth for the first time in a while. This development, alongside China's monetary policies and European debt monetization efforts, suggests a potential rise in global liquidity, which could drive asset prices upward. The Cantillon-story will see another lovely chapter....
Printing machine running at full speed ahead of elections!! Something's really cooking. They will try to make a comeback so as to make an image for Biden.
Looks like they make him a full blown war president now. Terrible
They are trying to do so. Because of his bad policies, everyone in the US government and authorities is in a winning situation. They are all crooks and what else they can want? They want a Pres. Who just make it easier to bind a black tie on the eyes of public. And Biden is successfully doing it for 4.5 years now.
Wait until something breaks 😂😂
The Fed may not be inclined to reduce interest rates, but the Treasury is rushing in and actually printing up more cash.
Printer really do go brrrrrrrrrr.
Nice... viva Janet!
$7.3 trillion! Mostly mortgage backed securities. I wonder what the mark to market value really is on these assets