ruh roh
https://archive.is/8Gt7F>Bank reserves currently stand at $3.2 trillion. That's more than double the $1.4 trillion that sparked the market turmoil in September 2019, when liquidity fears sparked by falling reserves caused overnight repo rates to shoot up>When the interbank ructions occurred in 2019, reserves had decreased to 7% of nominal GDP from 16% five years earlier. Reserves have now slipped into the 10-11% range, which Waller has said would be a sign that the Fed should take its foot off the QT pedal.>A repeat of this mini-panic is unlikelyOh phew I was worried for a second. Now I can go back to sleep.
>>22100717Oh kek. Yeah people would look at me like a fag if I said >vibecession even my libtard parents.
