Saturday, January 14, 2017

Deposits and loans at the Fed

A change. We see the sudden drop in excess deposits, likely gone to ETF funds to await the Ryan deficits.

Now this chart is deceptive because the Senators are collecting seigniorage 

Redneck pits will solve this promlen in the next version, we will sell complete multi color fair pits for central banks.

Regardless, the chart tells us we have continued deflation, millennials earn less on deposits and pay more on loans.  The extra do-re-me flowing out the third door, to cover lost causes the Senators bet on long ago.

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