Money market funds flooded with vast quantities of cash -> spills over into reverse repo at the Fed. Collapsing profit margins puts functioning of MMF in question, which normally play key role in repo market. @colbyLsmith @michaellachlan get into plumbing!
ft.com/content/1c3ec4… https://t.co/QCPxfh9cSc
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…