FED JUST INCREASED QE.... By Gregory Mannarino

in #money5 years ago (edited)

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BREAKING: The New York Fed announced it is increasing its temporary overnight repo operations to AT LEAST $120 billion a day from the current $75 billion.
In addition to the repo increase, term repo operations are rising to AT LEAST $45 billion, from $35 billion..This IS STOCK MARKET POSITIVE..

The system demands exponential/ever expanding debt.. it is NEVER enough.

Why is The Fed. increasing the Repo/other purchases/QE? SIMPLE: The system is running out of liquidity.. they are desperate to prevent a credit freeze/complete lock up of the financial system.. complete meltdown. (Please share).

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Thanks again, Gregory. It is coming.