Fed Admits Repo Madness Getting Worse? 2 New Permanent Repo Pawn Shops Announced For Covert Bailouts

On Wednesday, the Fed announced 2 new standing (permanent) repo facilities instead of only 1 like the St. Louis Fed has been advocating for since the 2019 Repo Madness crisis.

Fed Launches Standing Repo Facility to Boost Market Liquidity https://www.wsj.com/articles/fed-laun…

My Thoughts on the Fed’s Back-to-the-Future “Standing Repo Facilities” Announced Today https://wolfstreet.com/2021/07/28/my-…

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