NY Fed to pump $75 bn into money markets daily through Oct 10 | Precious Metals Message Board Posts

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Msg  210044 of 211095  at  9/20/2019 11:21:59 PM  by

fundamental


 In response to msg 210035 by  Au-197
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Re: NY Fed to pump $75 bn into money markets daily through Oct 10

 do you understand what overnight means?
 
I wish I could hire you.  I would pay you $1000 at the start of a day... then I would take it back before you left on Monday night... and then pay you $1000 again Tuesday morning... before taking it back after work.
 
You'd go and tell your friends that you MADE $5000 this week... strangely you don't have any money to pay for beers at the local pub on Friday night.
 
How stupid is that (are you)? 


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Msg # Subject Author Recs Date Posted
210049 Re: NY Fed to pump $75 bn into money markets daily through Oct 10 cluelessmeetoo 1 9/21/2019 8:01:22 PM


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