- Aug 8, 2016
- 26,075
- 25,132
- 2,445
They're probably talking about the billions pumped into the repo market to keep the interest rates near the Fed's target. I think they were injecting around 70 billion a day.
That they even did that just demonstrates that the Fed is losing its ability to control the price of what they loosely refer to as ''money.''
That they even did that just demonstrates that the Fed is losing its ability to control the price of what they loosely refer to as ''money.''
