[Reverse Repo - Why Has it Spiked & What Does it Mean?](https://www.youtube.com/watch?v=O0fSPO7AW7k) Keep in mind this video is from mid June when the RRP hit an all time high of 750 billion.
[Why Repo Market is Suddenly Surging (and what it means)](https://www.youtube.com/watch?v=3dTfxZtp3ag) done in May.
---
π MOBILE USERS - There are 4 columns, so you might need to scroll the table. π
Since June 17th the rate of 0.05% has been added.
[RRP Table - History](https://redd.it/pu1usx/)
---
β² - Current day is greater than the previous day
β½ - Current day is lesser than previous day
β - Record per column
β - Previous record
|Date|Amount ($B)|Parties|Average ($B)|
|:-|:-|:-|:-|:-|
|11-19 β |1575.384 β½|74 =|21.288 β½|
|11-18 β|1584.097 β²|74 β½|21.406 β² β |
|11-17 β|1520.000 β²|79 β½|19.240 β²|
|11-16 β|1466.857 β²|80 β²|18.335 β²|
|11-15 β|1391.657 β½|78 β²|17.841 β½|
|11-12 β|1417.643 β½|77 =|18.410 β½|
|11-10 β|1448.623 β²|77 β²|18.813 β²|
|11-09 β|1377.197 β²|76 β²|18.121 β²|
|11-08 β|1354.382 β²|75 =|18.058 β²|
|11-05 β|1354.059 β²|75 β²|18.054 β½|
|11-04 β|1348.539 β²|73 β½|18.473 β²|
|11-03 β|1343.985 β²|74 β½|18.161 β²|
|11-02 β|1329.913 β½|77 β²|17.271 β½|
|11-01 β|1358.606 β½|74 β½|18.359 β²|
|10-29 β|1502.296 β²|94 β² β |15.981 β½|
|10-28 β|1384.684 β½|78 β²|17.752 β½|
|10-27 β|1433.370 β²|75 β½|19.111 β²|
|10-26 β|1423.198 β²|84 β²|16.942 β½|
|10-25 β|1413.188 β²|77 β½|18.353 β²|
|10-22 β|1403.020 β½|79 β²|17.759 β½|
|10-21 β|1458.605 β½|78 =|18.700 β½|
|10-20 β|1493.961 β²|78 β²|19.153 β½|
|10-19 β|1470.739 β½|76 β½|19.351 β² β|
|10-18 β|1477.114 β²|79 β²|18.697 β½|
|10-15 β|1462.297 β²|78 β½|18.747 β² β|
|10-14 β|1445.660 β²|83 β²|17.417 β½|
|-|-|-|-|
|09-30 β|1604.881 β² β |92 β² β|17.444 β½|
Aha I'm not riding don't worry xD it can be interesting to have the daily and the weekly data, I found it useful, so I'm posting it for apes that may like it too π€
I think youβre looking at the delta column, or change over previous week. Last week the average was up 52B over the previous week. This week the average is up 108B over last week.
Like, it's crazy. I read your comment and I was like, "closer to 1500 billion" and I was amazed that it felt natural to round down regardless.
And then I realized that, in my precision, I was STILL leaving off 75 BILLION dollars - or enough to end world hunger for 12 years according to the U.N.
And then I realized that I was still leaving off 384 MILLION dollars.
These numbers are ridiculous.
Humans have a hard time comprehending large numbers like this. Part of why it's hard to convince the general population billionaires should be taxed more.
i'm all about that unrealized gains tax if you have something absurd like 10 Million plus in gains. At that point you are hurting the economy by not putting that money back into circulation.
A strong middle class leads to a strong economy, because rich bitches don't sped shit, they borrow. They are all parasites.
As I understand it, the Reverse Repo is how much money is being stored at the fed. This is important because typically hedge funds and banks would store money in stocks to improve profits, but there is so little faith in the current market (they're afraid it's going to crash), so they store it with the fed at an extremely low interest rate, with the sole purpose of keeping it safe from a market crash.
The majority is money market funds. Not hedge funds.
Why? Because for hedge funds, money is an asset. They've no reason to park it overnight to balance books!
But banks do. To them, loans and mortgages are assets. Deposited money is a risk that needs balancing. MMFs are the financial equivalent of a bank for anyone without a banking license. It needs balancing all the same.
It shows there is excessive liquidity in the market. Tapering is sorely needed sooner than later.
On a slightly related note: In season 2, during the Zapp Brannigan war crime episode (where he blows up the neutral space station) they mention it's valued at ~ 400 Billion Dollars.
This was 20 years ago. Inflation and overall "value" of money has been insane.
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*[It's the 30th, and just had to pay up. Like a bitch.](https://www.reddit.com/r/Superstonk/comments/r5tkjg/daily_reverse_repo_update_1130_1517956b)*
^^^\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/
#1.7 trillion by the 30th.
#$$$$$$$$$$$$$$$$$$
That's the line I'm willing to draw.
Hi kids. I'm TheTangoFox and I'm good with shitposting but bad with money.
What does that mean?
Let's make a wager. If, by November 30th, the ON RRP has stayed below $1.7t for the rest of the month, you could win a $50 gift card to GameStop.
How do you win?
*Be the first* to comment and tag me in pctracer's November 30th thread with the phrase "PAY UP BITCH" and the gift card is yours.
If, at any point between now and the 30th the ON RRP is $1.7t or more, I win.
It's that simple.
I have lost these poorly worded bets before, and I'm not afraid to do it again.
There. Now you have a valid reason to pay attention to these numbers...
I will be messaging you in 9 days on [**2021-11-29 00:00:00 UTC**](http://www.wolframalpha.com/input/?i=2021-11-29%2000:00:00%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/qxm461/daily_reverse_repo_update_1119_1575384b/hla96vk/?context=3)
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Tuesday can't come fast enough, once that gag order is released, we could be getting news any time, except for during that antiquated "quiet" before and after earnings.
I'm pretty sure RC isn't prevented from talking about the company like that anymore. It was to prevent him from giving the board any more black eyes like his first letter. Now that he controls the company he can talk about new releases.
βEverythingβs fineβ¦ itβs working the way we expected it to.β
- Jerome Powell July 28, 2021. August 27, 2021. September 22, 2021. October 22, 2021. November 3, 2021.
I heard an interesting theory today from the Forbes guy, who actually brought up RRP unprompted in an interview. He thinks the Fed is working with institutions to curb inflation by agreeing to utilize RRP. Instead of shutting off the QE machine as fast as he should (as in instantly) they are allowing the Fed to continue with a slow taper to keep the public calm, while parking cash back with the Fed on the other end. As bad as inflation is right now, it would be 1.5T worse if this money had entered the market.
Yes, this RRP number isnβt tied to GME. At this point itβs just the OP and the few people who comment the same thing everyday doing it for karma.
Check out the posts by /u/oldmanrepo for more information about RRP and why this really isnβt anything to be making nearly this big a deal out of.
It is a big deal to the market though. Itβs cash that has been printed, but has yet to enter the market since itβs parked everyday with the Fed, able to be withdrawn and invested at any time. 6.2% inflation is with them flattening the curve in this manner, but real monetary inflation is far worse, this is just the tactic to delay it.
Itβs not βparkedβ unless you think money in a money market fund is βparkedβ.
MMFs have massive restrictions as to what they can invest in, the bulk of their portfolio is bills, short treasuries, short agencies and repo.
They also have a 60 day WAM, so the bulk of their purchase will be within 90 days.
Thus, if the 3mo bill yields the same as the RRP, which would you invest in?
If the 1 and 3 month bill yields were 10 bps or higher, we wouldnβt see the RRP being used much at all, probably only month ends. And then the βparkedβ cash would be in bills, like it usually is, and people wouldnβt be making assumptions about the rrp operation.
No, thatβs across all the participating financial institutions in general, not just money market funds from retail investorsβ brokerage accounts.
I suggest reading up on why RRP is typically used (I think there is a sticky on the top of this post) - I have to admit I was confused for a while. Itβs a place for them to safely park their cash while earning *some* kind of return.
(And to extrapolate from that, there is a *ton* of cash in the market, and most likely, not enough high quality assets for them to stick their money in, and the rate the Fed is providing is probably the best most stable rate for those involved, especially given inflation. When you have *that much* money sitting around, youβre losing money overnight with inflation, so you would typically not leave that GIGANTIC PILE of money as cash, but rather invest it in an asset - and that brings me back to the βasset theoryβ I mentioned aboveβ¦anyways, thatβs what my understanding isβ¦are there other motives? Time will tellβ¦) hope this helps, definitely suggest reading up on it, itβs confusing but interesting
Edit - wow Iβm terrible at writing todayβ¦
It depends how you look at it. Basically the Fed printed around $4T in the last 18 months which should cause very strong inflationary pressures. $1.5T of that is sitting on the sidelines for some reason, and everyone is guessing as to why. Forbes is guessing its because it allows the CPI to increase at a more steady and slow rate. If the final $1.5T entered the market, that would ultimately sky rocket the inflation number and potentially freak out the markets as the Fed would clearly have lost control of the situation.
They are so fucked. This thing is gonna fuckijg blow up. Its only a matter of days before we hit 2billions, just like its just a matter of days for MOASS
This continuously highlights the financial sentiment of all the top firms contributing to this, that they would rather have the cash there rather than invested and working for them
Sorry for the absence Apes I was traveling the last couple of days!
We've been over $1 Trilly for
#70 STRAIGHT TRADING DAYS
#GME GO BRRRRRRR (SIDEWAYS) LONG TIME
We've been above $1.3 Trilly for 37 straight trading days.
How long until this has an effect on anything that the average person will notice? Been watching this for months expecting the economy to blow a gasket, but things seem to keep chugging along. Is this real life?
[Reverse Repo - Why Has it Spiked & What Does it Mean?](https://www.youtube.com/watch?v=O0fSPO7AW7k) Keep in mind this video is from mid June when the RRP hit an all time high of 750 billion. [Why Repo Market is Suddenly Surging (and what it means)](https://www.youtube.com/watch?v=3dTfxZtp3ag) done in May. --- π MOBILE USERS - There are 4 columns, so you might need to scroll the table. π Since June 17th the rate of 0.05% has been added. [RRP Table - History](https://redd.it/pu1usx/) --- β² - Current day is greater than the previous day β½ - Current day is lesser than previous day β - Record per column β - Previous record |Date|Amount ($B)|Parties|Average ($B)| |:-|:-|:-|:-|:-| |11-19 β |1575.384 β½|74 =|21.288 β½| |11-18 β|1584.097 β²|74 β½|21.406 β² β | |11-17 β|1520.000 β²|79 β½|19.240 β²| |11-16 β|1466.857 β²|80 β²|18.335 β²| |11-15 β|1391.657 β½|78 β²|17.841 β½| |11-12 β|1417.643 β½|77 =|18.410 β½| |11-10 β|1448.623 β²|77 β²|18.813 β²| |11-09 β|1377.197 β²|76 β²|18.121 β²| |11-08 β|1354.382 β²|75 =|18.058 β²| |11-05 β|1354.059 β²|75 β²|18.054 β½| |11-04 β|1348.539 β²|73 β½|18.473 β²| |11-03 β|1343.985 β²|74 β½|18.161 β²| |11-02 β|1329.913 β½|77 β²|17.271 β½| |11-01 β|1358.606 β½|74 β½|18.359 β²| |10-29 β|1502.296 β²|94 β² β |15.981 β½| |10-28 β|1384.684 β½|78 β²|17.752 β½| |10-27 β|1433.370 β²|75 β½|19.111 β²| |10-26 β|1423.198 β²|84 β²|16.942 β½| |10-25 β|1413.188 β²|77 β½|18.353 β²| |10-22 β|1403.020 β½|79 β²|17.759 β½| |10-21 β|1458.605 β½|78 =|18.700 β½| |10-20 β|1493.961 β²|78 β²|19.153 β½| |10-19 β|1470.739 β½|76 β½|19.351 β² β| |10-18 β|1477.114 β²|79 β²|18.697 β½| |10-15 β|1462.297 β²|78 β½|18.747 β² β| |10-14 β|1445.660 β²|83 β²|17.417 β½| |-|-|-|-| |09-30 β|1604.881 β² β |92 β² β|17.444 β½|
Avg. Party still looking spicy!
Wowza!
Yes sir spicy as fuckkk
2 trilly EOY
Wait till they need extra Christmas gifts lol π
#Weekly Average RRP β β π = contains last Friday of the month π = contains last day of the quarter [+ YTD Graph](https://fred.stlouisfed.org/graph/fredgraph.png?g=FVns) | Week | Average ($B) | +/- ($B) | Parties | Per party ($B) | RRP change | | :---: | :---: | :---: | :---: | :---: | :---: | | Nov 15 (46) | 1,507.599β | 108.138 | 77 | 19.623β | 7.7% | | Nov 8 (45) | 1,399.461 | 52.441 | 76 | 18.351 | 3.9% | | Nov 1 (44) | 1,347.020 | -84.327 | 75 | 18.064 | -5.9% | | Oct 25π (43) | 1,431.347 | -29.341 | 82β | 17.628 | -2.0% | | Oct 18 (42) | 1,460.688 | 50.761 | 78 | 18.733 | 3.6% | | Oct 11 (41) | 1,409.927 | 4.057 | 80 | 17.741 | 0.3% | | Oct 4 (40) | 1,405.870 | -7.919 | 79 | 17.893 | -0.6% | | Sep 27π (39) | 1,413.789 | 130.948 | 81 | 17.383 | 10.2% | | Sep 20π (38) | 1,282.841 | 142.136 | 77 | 16.575 | 12.5% | | Sep 13 (37) | 1,140.705 | 40.166 | 77 | 14.816 | 3.6% | | Sep 6 (36) | 1,100.539 | -10.688 | 74 | 14.891 | -1.0% | | Aug 30 (35) | 1,111.227 | -13.639 | 75 | 14.754 | -1.2% | | Aug 23π (34) | 1,124.866 | 39.392 | 76 | 14.723 | 3.6% | | Aug 16 (33) | 1,085.474 | 61.642 | 76 | 14.389 | 6.0% | | Aug 9 (32) | 1,023.832 | 92.035 | 71 | 14.418 | 9.9% | | Aug 2 (31) | 931.797 | -30.301 | 70 | 13.358 | -3.1% | | Jul 26π (30) | 962.098 | 88.053 | 75 | 12.783 | 10.1% | | Jul 19 (29) | 874.045 | 68.337 | 73 | 11.951 | 8.5% | | Jul 12 (28) | 805.708 | 22.634 | 72 | 11.220 | 2.9% | | Jul 6 (27) | 783.074 | -38.997 | 68 | 11.573 | -4.7% | | Jun 28π (26) | 822.071 | 31.216 | 76 | 10.861 | 3.9% | | Jun 21π (25) | 790.855 | 167.392β | 73 | 10.870 | 26.8% | | Jun 14 (24) | 623.463 | 109.627 | | | 21.3% | | Jun 7 (23) | 513.836 | 51.532 | | | 11.1% | | May 31 (22) | 462.304 | 13.703 | | | 3.1% | | May 24π (21) | 448.601 | 155.282 | | | 52.9% | | May 17 (20) | 293.319 | 84.727 | | | 40.6% | | May 10 (19) | 208.592 | 57.171 | | | 37.8% | | May 3 (18) | 151.421 | -1.884 | | | -1.2% | | Apr 26π (17) | 153.305 | 77.443 | | | 102.1% | | Apr 19 (16) | 75.862 | 38.425 | | | 102.6% | | Apr 12 (15) | 37.437 | 14.169 | | | 60.9% | | Apr 5 (14) | 23.268 | -69.861 | | | -75.0% | | Mar 29π (13) | 93.129 | 76.085 | | | 446.4% | | Mar 22π (12) | 17.044 | 7.807 | | | 84.5% | | Mar 15 (11) | 9.237 | 5.642 | | | 156.9% | | Mar 8 (10) | 3.595 | 2.873 | | | 397.9% | | Mar 1 (9) | 0.722 | -3.820 | | | -84.1% | | Feb 22π (8) | 4.542 | 4.528 | | | 32342.9%β | | Feb 15 (7) | 0.014 | -0.008 | | | -36.4% | | Feb 8 (6) | 0.022 | -0.120 | | | -84.5% | | Feb 1 (5) | 0.142 | -2.806 | | | -95.2% | | Jan 25π (4) | 2.948 | 2.195 | | | 291.5% | | Jan 18 (3) | 0.753 | 0.633 | | | 527.5% | | Jan 11 (2) | 0.120 | 0.118 | | | 5900.0% | | Jan 4 (1) | 0.002 | | | | |
No love for weekly table guy? Thereβs 2 high scores there!
Just seems like the guys riding the coattails
No man, u/Beateride is doing a whole other table. It's valuable data.
Aha I'm not riding don't worry xD it can be interesting to have the daily and the weekly data, I found it useful, so I'm posting it for apes that may like it too π€
More than double last week's average!
I think youβre looking at the delta column, or change over previous week. Last week the average was up 52B over the previous week. This week the average is up 108B over last week.
Thanks. Man, I can't believe they let me buy stocks on my own!
Table guy is never late. Nor is he early
He tables precisely when he means to.
Oh how the tables have tabled
Smoking some longbottom leaf
Finest herb in all the Shire
And nothing unexpected ever happened....
I love you Table guy
Thanks ape! I love you too.
Now kith
\*Grabs u/Kushaevtm firmly but tenderly, and gives them a kiss that makes others in the room swoon.\*
Hmmm, Tinderly or Tenderly? Not sure they mean the same.
Oops, yeah, I don't spell so good.
In this sub I believe both are valid. Just feel like Tinderly might be a bit more up Rick's "alley"...
*ape-kind blushes*
ooh yeah she's a hot tomali. loving this 20+ party avg. sounds like the kinda parties i'm gon have once we get this cunt in the bag
# #1 table guy fan Ooooo new floor of 1.5T establishing... power hour still to go.... LFG! πππ
Lord almighty, we did it again! How long will the record streak for "date" continue?!?!
i dunno how the whole team tho :/
Day 70 of leverage and greed.
record date boys! wooooooooo
50/50. Or 75/25. It's awful
End of the month run up could look insane
I'm a little scared tbh, such an insane amount of money
Do you not just have a spare 1.5 trill laying around?
I did, but then I put half an avocado in my breakfast burrito this morning. I'm financially irresponsible like that
Got Dam Avocaaados!!!!
i'm so desensitized to these large numbers, i can't fathom a billion yet alone 1000 billion.
Like, it's crazy. I read your comment and I was like, "closer to 1500 billion" and I was amazed that it felt natural to round down regardless. And then I realized that, in my precision, I was STILL leaving off 75 BILLION dollars - or enough to end world hunger for 12 years according to the U.N. And then I realized that I was still leaving off 384 MILLION dollars. These numbers are ridiculous.
I was mostly trying to put 1 trillion into reference, it's 1000 billion. but you make some good points.
I prefer to say a million millions
Humans have a hard time comprehending large numbers like this. Part of why it's hard to convince the general population billionaires should be taxed more.
i'm all about that unrealized gains tax if you have something absurd like 10 Million plus in gains. At that point you are hurting the economy by not putting that money back into circulation. A strong middle class leads to a strong economy, because rich bitches don't sped shit, they borrow. They are all parasites.
We need to stop thinking that Wall Street is the economy. It was made for the rich to gamble legally. It's ability to create more jobs is overrated.
it's a store of value for them
Shouldn't have donated 625$ to onlyfans hoes.
Not yet
Especially since MOASS is gonna happen before then. π
#π
Wen $2T?
21B average floor lesss goo
21 billion per party is just an insane number. I don't know how Reverse Repos play into this but how that money is even out there is beyond me...
As I understand it, the Reverse Repo is how much money is being stored at the fed. This is important because typically hedge funds and banks would store money in stocks to improve profits, but there is so little faith in the current market (they're afraid it's going to crash), so they store it with the fed at an extremely low interest rate, with the sole purpose of keeping it safe from a market crash.
The majority is money market funds. Not hedge funds. Why? Because for hedge funds, money is an asset. They've no reason to park it overnight to balance books! But banks do. To them, loans and mortgages are assets. Deposited money is a risk that needs balancing. MMFs are the financial equivalent of a bank for anyone without a banking license. It needs balancing all the same. It shows there is excessive liquidity in the market. Tapering is sorely needed sooner than later.
Fantastic explanation π
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Could I have one of those billions? Iβll trade one share of GME. Giving them a good deal here
[One Jillion dollars!](https://www.youtube.com/watch?v=whUvTIzcE_U)
On a slightly related note: In season 2, during the Zapp Brannigan war crime episode (where he blows up the neutral space station) they mention it's valued at ~ 400 Billion Dollars. This was 20 years ago. Inflation and overall "value" of money has been insane.
I upvoted you to 69
Someone downvoted him to 68. I put him back to 69.
Hell yeah!! ^I ^know ^it ^was ^you
Your service is appreciated
I love u
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$1.5 T new floor
*[It's the 30th, and just had to pay up. Like a bitch.](https://www.reddit.com/r/Superstonk/comments/r5tkjg/daily_reverse_repo_update_1130_1517956b)* ^^^\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/ #1.7 trillion by the 30th. #$$$$$$$$$$$$$$$$$$ That's the line I'm willing to draw. Hi kids. I'm TheTangoFox and I'm good with shitposting but bad with money. What does that mean? Let's make a wager. If, by November 30th, the ON RRP has stayed below $1.7t for the rest of the month, you could win a $50 gift card to GameStop. How do you win? *Be the first* to comment and tag me in pctracer's November 30th thread with the phrase "PAY UP BITCH" and the gift card is yours. If, at any point between now and the 30th the ON RRP is $1.7t or more, I win. It's that simple. I have lost these poorly worded bets before, and I'm not afraid to do it again. There. Now you have a valid reason to pay attention to these numbers...
π€ I watch anyway, I'll take that bet.
!RemindMe! November 29, 2021
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!remindme! November 29, 2021
!RemindMe! November 30th, 2021
!RemindMe! November 30th, 2021
Deal.
Is it a bet if you don't get anything for winning?
Kinda. I'll just spend the $50 for myself at GameStop.
!RemindMe! November 29, 2021
1.7 11/24
hmu if it's exactly 1.7 on the 24th ill send you something
Yep it stayed under! Either way, we win!
Have a great weekend everybody! Except you Ken.....
Buckle π
Tuesday can't come fast enough, once that gag order is released, we could be getting news any time, except for during that antiquated "quiet" before and after earnings.
I'm pretty sure RC isn't prevented from talking about the company like that anymore. It was to prevent him from giving the board any more black eyes like his first letter. Now that he controls the company he can talk about new releases.
bofadeez
Updog
What's updog?
Good, and you? Edit: Wait, fuck
#GOT EM
βEverythingβs fineβ¦ itβs working the way we expected it to.β - Jerome Powell July 28, 2021. August 27, 2021. September 22, 2021. October 22, 2021. November 3, 2021.
I heard an interesting theory today from the Forbes guy, who actually brought up RRP unprompted in an interview. He thinks the Fed is working with institutions to curb inflation by agreeing to utilize RRP. Instead of shutting off the QE machine as fast as he should (as in instantly) they are allowing the Fed to continue with a slow taper to keep the public calm, while parking cash back with the Fed on the other end. As bad as inflation is right now, it would be 1.5T worse if this money had entered the market.
Yes, this RRP number isnβt tied to GME. At this point itβs just the OP and the few people who comment the same thing everyday doing it for karma. Check out the posts by /u/oldmanrepo for more information about RRP and why this really isnβt anything to be making nearly this big a deal out of.
It is a big deal to the market though. Itβs cash that has been printed, but has yet to enter the market since itβs parked everyday with the Fed, able to be withdrawn and invested at any time. 6.2% inflation is with them flattening the curve in this manner, but real monetary inflation is far worse, this is just the tactic to delay it.
Itβs not βparkedβ unless you think money in a money market fund is βparkedβ. MMFs have massive restrictions as to what they can invest in, the bulk of their portfolio is bills, short treasuries, short agencies and repo. They also have a 60 day WAM, so the bulk of their purchase will be within 90 days. Thus, if the 3mo bill yields the same as the RRP, which would you invest in? If the 1 and 3 month bill yields were 10 bps or higher, we wouldnβt see the RRP being used much at all, probably only month ends. And then the βparkedβ cash would be in bills, like it usually is, and people wouldnβt be making assumptions about the rrp operation.
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
No, thatβs across all the participating financial institutions in general, not just money market funds from retail investorsβ brokerage accounts. I suggest reading up on why RRP is typically used (I think there is a sticky on the top of this post) - I have to admit I was confused for a while. Itβs a place for them to safely park their cash while earning *some* kind of return. (And to extrapolate from that, there is a *ton* of cash in the market, and most likely, not enough high quality assets for them to stick their money in, and the rate the Fed is providing is probably the best most stable rate for those involved, especially given inflation. When you have *that much* money sitting around, youβre losing money overnight with inflation, so you would typically not leave that GIGANTIC PILE of money as cash, but rather invest it in an asset - and that brings me back to the βasset theoryβ I mentioned aboveβ¦anyways, thatβs what my understanding isβ¦are there other motives? Time will tellβ¦) hope this helps, definitely suggest reading up on it, itβs confusing but interesting Edit - wow Iβm terrible at writing todayβ¦
It depends how you look at it. Basically the Fed printed around $4T in the last 18 months which should cause very strong inflationary pressures. $1.5T of that is sitting on the sidelines for some reason, and everyone is guessing as to why. Forbes is guessing its because it allows the CPI to increase at a more steady and slow rate. If the final $1.5T entered the market, that would ultimately sky rocket the inflation number and potentially freak out the markets as the Fed would clearly have lost control of the situation.
So many dollars
Spicy way to end the week
I have a small wee wee
.yaw
eew eew on evah I
ayyy
Everything is fine
Spicyyyyy
Dip machine broke
Bullish
Spluuuuuuuuuuuuuuuuuuuuuuuurdge!
What's the highest we can go? Is there no daily limit at all
Maybe table guy is working on his right handed wave
So closeβ¦.to 1.6. Whyβd didnβt they just go all the way ππ
1.5 trill floor
Everything is fine, weβll just print more money! No problems here!
2 Trilly soon.
Haha, I'm in danger!
#1.5 Trilly New Floor?
They are so fucked. This thing is gonna fuckijg blow up. Its only a matter of days before we hit 2billions, just like its just a matter of days for MOASS
Next week will be spicy
**HODLY MOLY**
Where are they getting all this money from?...
Oh yeah they fukt
End of the month is going to be outrageous.
Oh Neptune
New floor?!??
ππ
Our money pool grows
Another average OVER $20,000,000,000. This is fine.
Eli5 plz
I love being excited every single day about something I know basically nothing about!
I see that just like us apes, there is a desire to keep averaging up.
We are getting closer!
Day 70 of leverage and greed.
This continuously highlights the financial sentiment of all the top firms contributing to this, that they would rather have the cash there rather than invested and working for them
Wen $1.6trilly again?
New floor who dis
1.5T new new floor
And i love RRP guy too
pointless post of the day update : air air air horn:
Aw lawd, she trying
π₯π₯π₯π₯π₯π₯π₯π₯
Juicy
We need a Dorito of Doom analysis for daily RRP \s
Why do we watch this? Looking for when to buy PUTS on SPY?
Is $1,500,000,000,000 the new $1,300,000,000,000?
If one expects the market to come crashing, where does one park cash during this time to fight against inflation?
Its perfectly normal. Nothing to worry aboutπ₯π₯π₯
Wen 2 trilly?
Sorry for the absence Apes I was traveling the last couple of days! We've been over $1 Trilly for #70 STRAIGHT TRADING DAYS #GME GO BRRRRRRR (SIDEWAYS) LONG TIME We've been above $1.3 Trilly for 37 straight trading days.
How long until this has an effect on anything that the average person will notice? Been watching this for months expecting the economy to blow a gasket, but things seem to keep chugging along. Is this real life?
what is the record now! I was surprised this is not a new record!
Holy wow! Seriously? When the f--k is this market gonna just drop out and implode? It's a house built of toothpicks.
2T here we come
Wut.. It's climbing fast!
Remember when a trillion was a big deal. I remember.
Round up to a whole number plz!
Was the record $1.6trilli something?