Stu on Nostr: BTFP is cash loans for Treasuries. It allows financial institutions to turn T-bills ...
BTFP is cash loans for Treasuries.
It allows financial institutions to turn T-bills into cash without selling them.
The Fed isn’t printing money to buy impaired assets. The Fed is loaning money, which will be drained out of the system again 12 months from now.
Published at
2023-03-12 23:56:08Event JSON
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