03-17-2023, 03:03 AM
Ladies and gentlemen, say hello Quantitative Easing.
Last 7 days or so in numbers:
-$300b of cash pushed into banks in the USA by the FED. (effectively wiping out ~4 months of reducing the balance sheet)
-over $50b of cash pushed into credit suisse by the Swiss central bank.
-probably a lot of additional liquidity injected around the world that we haven't heard about
That is a minimum of 1/3 of a trillion USD of cash pushed into banks in a matter of days.
Last 7 days or so in numbers:
-$300b of cash pushed into banks in the USA by the FED. (effectively wiping out ~4 months of reducing the balance sheet)
-over $50b of cash pushed into credit suisse by the Swiss central bank.
-probably a lot of additional liquidity injected around the world that we haven't heard about
That is a minimum of 1/3 of a trillion USD of cash pushed into banks in a matter of days.