HYPERINFLATION JUST GOT ANNOUNCED!!!
Recession -Depression -> Deflation -> Hyperinflation
FED REPO OPERATIONS
So the fed just started 3 month repo agreements
If the fed does another repo operation in lets say 1 month, are banks allowed to use the new repo funds to repay the 3 month repo?
In other words, can they just take loans from the government to repay their old loans from the government?
Whats in store for average Americans if this happens?
Pics very fucking related