splittingzeros
@splittingzeros
Pleb making sense of unbacked fiat money. Comments welcome.
Joined May 2022
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splittingzeros reposted
Mean and median average house prices continue to converge (Land registry data) bigly.biz/visual/47f2cc4…
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Update of the main components of the Fed's balance sheet.
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splittingzeros reposted
Now available: Weekly data on the Assets and Liabilities of Commercial Banks in the United States #FedData federalreserve.gov/releases/h8/cu…
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splittingzeros reposted
Frances is gonna have to rewrite her new book 😂
If reserves could *only* be used for interbank settlements the $9tr of QE would mean $9tr of Bank reserves. You can clearly see QE going to the Treasury General account in 2020 and the account getting drained as the funds got spent into the US economy.
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