Saturday , April 26 2025
Home / Mike Norman Economics / Fed transferring $4B per week

Fed transferring $4B per week

Summary:
This another way to look at it… Fed is transferring more USD balances to non-govt than Treasury would if the Fed owned zero assets… ~10B in accumulated operating losses. Will find out the last weeks amount of losses in about an hour. Lost B last week. pic.twitter.com/CdElJiNfqh— Nothing (@whip_n_spur) October 20, 2022 Somewhat of a non Congress approved fiscal transfer…where are these transfers going?  To IOR and RRP… IOR going to Depositories as additional accrued Capital and RRP interest going to USD savers in Money Market Mutual Funds…Should increase from b to b per week within a couple of months…  ??‍♂️

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

This another way to look at it… Fed is transferring more USD balances to non-govt than Treasury would if the Fed owned zero assets… 



Somewhat of a non Congress approved fiscal transfer…

where are these transfers going?  To IOR and RRP… IOR going to Depositories as additional accrued Capital and RRP interest going to USD savers in Money Market Mutual Funds…

Should increase from $4b to $6b per week within a couple of months…  ??‍♂️


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *