M C, Author at Rethinking the Dollar

The Delicate Balancing Act To Protect Wealth Is Full On

Mar 12, 2020 | Economy, Finance

The delicate balancing act to protect wealth is now in full crisis mode. The key players are central banks across the world and the corrupt bankrupt governments they seek to protect. At risk is the global financial system that has served them so well over the...

Fed Injects $198 Billion Via Repos To Unfreeze Paralyzed Funding Markets

Mar 12, 2020 | Economy, Fed

shortly after the Fed injected $95BN in liquidity via two term reports (a 2-week and the first 1-month op), it also announced $103.1BN injected via the overnight operation, which means that the Fed has injected a combined $198BN in liquidity as funding markets freeze....

ECB Unexpectedly Keeps Rates Unchanged, Boost QE By €120BN, Expands TLTRO Terms

Mar 12, 2020 | World News

Surprising many who were expecting a rate cut from the ECB this morning, moments ago Christine Lagarde announced that rates would remain unchanged, with the all important deposit rate unchanged at -0.50%. However, in order to alleviate liquidity shortages, the ECB did...

Funding Markets Are Freezing: Global Dollar Shortage Hits Alarming Levels

Mar 12, 2020 | Markets, Repo Market, Stock Market

The surging demand for repo liquidity – and massively expanded bailout facility size by the New York Fed – suggests there is a major global scramble for USD funding, and today’s price action in the archaic money markets exposes it has now reached...

Bitcoin And Bullion Blasted As Traders Sell Everything

Mar 12, 2020 | Cryptocurrency

It’s a bloodbath out there. For now, only bonds are higher in price as it seems traders are selling everything that is not nailed down in order to meet margin calls or simply reduce overall uncertainty. Crypto markets are a sea of red with everything crashing...