by Summary:
Treasury Dept making no significant progress towards their goal of reducing this account balance to 0B by end March....This week:Last week:Same balance. Usually... when you want an account balance to reduce you have to withdraw MORE than you deposit... usually... except for morons... in the mean time, there remains almost .4T of short term US Treasury security account balances in USD system that nobody wants or needs...
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Mike Norman considers the following as important:
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Treasury Dept making no significant progress towards their goal of reducing this account balance to 0B by end March....This week:Last week:Same balance. Usually... when you want an account balance to reduce you have to withdraw MORE than you deposit... usually... except for morons... in the mean time, there remains almost .4T of short term US Treasury security account balances in USD system that nobody wants or needs...
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Treasury Dept making no significant progress towards their goal of reducing this account balance to $800B by end March....
This week:
Last week:
Same balance. Usually... when you want an account balance to reduce you have to withdraw MORE than you deposit... usually... except for morons... in the mean time, there remains almost $1.4T of short term US Treasury security account balances in USD system that nobody wants or needs...