"I am confident that people will reach the other side of this pandemic with the foundations of their lives intact... But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes... Our best view is that the effect on inflation will be neither particularly large nor persistent."
This is what gets me. These dudes could literally buy their way to legend status just through philanthropic donations of single-digit percentages of this wealth.
These tiny 69 at the end are fucking 69 million dollars. We see numbers like these every day at the same time but we always should remember how big it is.
I need a refresher. Overnight repo means short term parking at the fed to get cash off the books and it's a liability. Does the fed pay an interest rate to the counter party? If so, how much fucking money are they paying out on 1.9T?
See I don't get this either. Cash as a liability makes no sense in the first place, but if it is and they're trying to get rid of it, then getting paid interest on that would only compound their problem, wouldn't it?
IMPORTANT POST LINKS
"I am confident that people will reach the other side of this pandemic with the foundations of their lives intact... But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes... Our best view is that the effect on inflation will be neither particularly large nor persistent."
‘Do you want ants? Because this is how you get ants.’ - JPow probably.
Get this man an award, and get his comment to the Top
Commenting to come back later and use this. Epic work OP.
This high on a Thursday in the second week of the month?? Sick. Can’t wait for month end
[удалено]
100% we will, I'd say maybe even up to 2.2 trilly.
At this time of year? At this time of day? In this part of the country? Localized entirely within your kitchen?
👉 MOBILE USERS - There are 4 columns, so you might need to scroll the table. 👈
Weekly Average RRP ⭐️⭐️
Wow you’re quick!
Parties down, but we hit 1.9T. Some people are in desperate need for cash.
Day 188 of leverage and greed.
I feel like I'm in groundhog day.
$1,900,069,000,000 RRP
Slaves to the system
1.9T and just 85 parties?!
We've been over $1 Trilly for
We've been above $1.8 Trilly for 7 straight trading days.
2 trillion+ for infinity.
Given we are speaking of trading days (M-F ignoring the holidays) it’s more like 3/4 of the year.
Help me out here, on the picture it says in billions, so it’s not 1.9 billion?
Nice
Nice
What’s this cash being saved up for?
To not give to you, that's for fucking sure.
This is what gets me. These dudes could literally buy their way to legend status just through philanthropic donations of single-digit percentages of this wealth.
Nice
Nice
This is fine…
Smell the crime... Smells like hot mayo
Another day of edging for the $2T. Can't wait for the end of the month.
Are you not entertained!?!
2T by end of May??
69.. nice.
Holy shit almost 2 trilly !!!! New high score
What are the top 5 so far?
Nice
DIAL 1.900 VIX A LOT AND KICK THEM NASTY SHORTS
Bring on the TWO TRILLION mark fuckboi J Powell. Cover up your ass club friends debts. Just continue...
Nice
69 nice
Nice!
Nice
19.069? Simulation confirmed
It's go time!!!
Honk honk!
69… nice
Noice
Day 188 of leverage and greed.
Wooooowwwweeeeeee 1.9 on the 12th. Rip by 31st.
Nice
Nice
2T coming soon?
HOLY MOLY
2 trilly! Just give it to us!!!
Alright Let's Get This Reverse Repo Out Onto A Tray... Nice.
Rut-ro
Thems some sssssssspicy numbers! 🥵🌶🔥
069 nice
Ooh that's a tad higher than usual
It’s rising
A mere fraction of a GME share away from the record
0.8% of this amount over a year is more than Melvin had in AUM in Jan '21.
😌
We gettin into Peter North territory folks
Wooooo 🤘
We are all fuked
UP UP AND AWAYYYYY!
Oh. That makes me damp.
Nice
2 trillion
Who has $2 Trilly RRP on their bingo card?
These tiny 69 at the end are fucking 69 million dollars. We see numbers like these every day at the same time but we always should remember how big it is.
It’s crazy to think this is barely over 1.9 trillion. But barely over is $69 Billion over 1.9 Trillion
I still really don’t understand the purpose of or why RRP is an indicator for GME or the economy. Help?
.69 nice
Oh boy. Tomorrow is a strong contender for a new ATH! Yea baby!
Nice
HOLY DAMN!!! just shy of 2 TRILLY
Is 2 trillion the magic number????
End of the month gonna be 🌶
*rubs crotch intensely*
This is the kind of spice I like!
Jesussssssss
2 trilly EOM?
Wen $2 billy?
Guess: 2B on 6/9 EDIT: 2 trillion
Trillion*
Damnit second place!!
There it is. And now it goes higher
And after... 2 TRILLY WITH JOSE CUERVO
Nice
2 trilly at end of month?
WOOOOO lawwwwd
2T, wya
Can someone explain for a smoothbrain?
I think it's a gigantic money bubble and everyone's wondering what it will do when it pops
3T by June 3rd
Dear god. Every time I see 1.9
nice
nucking futs
Um… if we’re not supposed to be watching this according to the “pros”, then why are they making it so fun to watch?
This is a high score I believe
I remember when 400 Billion was a lot.... Geeze this seems to have gotten a bit outta control..
Fed is edging us
I think it’s cute how they’re letting us know how much they’re setting aside for us 😂 and that’s just like 1% of it
You guys remember when 1 tril was shocking and a big deal?
It’s up it’s up it’s up!
When $2Trilly?
Getting close to those New Years numbers
I need a refresher. Overnight repo means short term parking at the fed to get cash off the books and it's a liability. Does the fed pay an interest rate to the counter party? If so, how much fucking money are they paying out on 1.9T?
See I don't get this either. Cash as a liability makes no sense in the first place, but if it is and they're trying to get rid of it, then getting paid interest on that would only compound their problem, wouldn't it?
69 heheh
Nice!
The plot thickens.
2 trillion please
Well we know why the market is red.
A trilli, a trilli, a trilli, a trilli...a-a-a-a trilli, a trilli, a trilli... I'm a young money trilli-on-aire
Remember when we were waiting for it go hit a trilli? Almost 2 trillies now.
Nice
nice
i'm almost there
Nice
Damn I've just been a piss drunk in the daily today, but hey the AvgPerParty seems to be up!
Nice
When we hit two trillion?
We getting pretty close to 88 miles an hour.....
Remember when 1T was a big deal? Lol
Anybody say 2 million
Still eli5 how is this good for gme
2T next week?