Hello, Hello, Rebel Capitals. Hope you are well. So we have the Feds reverse repo facility. The levels, who are plummeting. Kyle, Wiley, coyote, it's a little early for me as you can tell.

But is this a big deal?

I mean they're down at levels that we haven't seen since 2021 and this is coming right before the

Fed rate cut decision.

So are these things, do these things have something to do with one another?

Like is the Fed rate cut decision going to trigger some sort of domino effect

that the market is sniffing out and therefore taking the cash out of the reverse repo facility and moving that into the market maybe moving that into

T-bills. I mean these are the questions that we really need to be asking ourselves because

this moved down in reverse repo, although not unprecedented, is something we can't ignore, especially

as it's happening around the Fed, not only doing quantitative tightening, but going into what many are calling the biggest rate decision in the last two decades.

Let's check this out. We're gonna go go right over to Behrens for a quick summary

then we're going to get into the charts of not just reverse repo, but it's also

important to look at what is happening with the TGA and bank reserves in total.

And then we're going to go over a clip from a video which I'm very excited about.

I think you should all watch it, but how the Euro dollar system plays into what is happening right now with reverse repo.

They are all interconnected. I'll'll show what I'm talking about. So we go over to Barron's

feds reverse repo balance fell to lowest level in over three years why it matters now I don't want to be too harsh on this person who goes by

Karishma Van Jani. I've no clue who Karishma is, but my guess is, assuming it's a she, she is way over her head in writing this article.

And she's probably new, and this stuff is is it gets complex and confusing.

So again, I'm gonna try to go easy on her, but I do want to point out some of the mistakes

that she's making because in pointing out these mistakes it can help you, the

viewer, actually understand better how this system works in reality.

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