Hello, fellow Rebel Capitals. Hope you're well. So I've done some detective work.

I put on the old CSI hat and found uncovered, exposed some hidden data on the Fed's balance sheet that reveals the truth about quantitative easing.

Because most of you know from watching my videos

that the Fed just announced that they're doing not QEQE once again. And a lot of people out there

saying, well, my gosh, there's going to be a liquidity injection. This is money printing.

Inflation is going to be off to the races or than other people

are saying, well, this also shows how this could be disinflationary and we just need more

bank reserves. And the fact that we're constrained on these bank reserves shows us that this

could lead, most likely, would lead to disinflation

because there's this tightness in the short-term dollar funding markets.

So I wanted to dig into this and say, okay, well, what's really happening here?

And what, because the Fed's not going to tell you, mainstream media is not going to tell you,

social media is not going to tell you, they're mostly wrong.

So let's, I wanted to go straight to the source and find out if I, or could, I wanted to see

if there was other data that I could see that would help us determine what the real effects of creating more bank

reserves and the financial plumbing, what this actually does.

So let's dive and then, of course, actionable takeaways.

So let's first and foremost go over the problem of visual representation of the tightness that we have

absolutely seen in these dollar funding markets. So I've got the screen share going right here.

Okay. And I use this chart on the whiteboard video for tonight. So first focus on this blue

line, the one's pretty straight.

That's going to be fed funds. And then this red line is going to be the sofa rates.

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