The Invisible President

by Martin Armstrong Where is the American president? No one has done more to stay out of the public eye than Joe Biden. Biden quickly passed 76 executive orders during his presidency, yet only speaks to the public on rare …

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ON RRP: A Deep Dive. The usage of RRP facility is being used to not invest in private firms, and is being used to prop up FFR, which in turn props up the USD. The MMFs are protecting themselves by parking their cash in a risk-free ON RRP facility, while helping the Fed prop up the USD.

by laflammaster Found something interesting today – a 2015 paper on Overnight RRP as a Monetary Policy tool. https://www.federalreserve.gov/econresdata/feds/2015/files/2015010pap.pdf ​ What this looks like is an economic analysis, and will explain the nature of RRP. Indeed, it confirms that the use …

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Fed’s Doomsday Prophet Has Dire Warning About Where We’re Headed… Wealthy Want To Own Less Of The Everything Bubble…Basic Income Programs Go Mainstream…

The Fed’s Doomsday Prophet Has a Dire Warning About Where We’re Headed Thomas Hoenig knew what quantitative easing and record-low interest rates would bring. Thomas Hoenig doesn’t look like a rebel. He is a conservative man, soft-spoken, now happily retired …

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