What is Nostr?
LynAlden / Lyn Alden
npub1a2c…w83a
2023-05-01 16:08:16

LynAlden on Nostr: There is several hundred dollars worth of spare liquidity on the balance sheets of ...

There is several hundred dollars worth of spare liquidity on the balance sheets of the biggest banks.

To the extent that banks like FRC get folded into the biggest ones like JPM, it spreads that liquidity around and allows the Fed to continue quantitative tightening for a bit longer.
Author Public Key
npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a