🚨BREAKING: The Federal Reserve's emergency BTFP dropped by a shocking $30 billion this week, leaving only $26 billion left.

Jerome Powell is pulling the liquidity rug away to trigger a crisis, exactly like Feb 2020.

It's important to see how the Federal Reserve pulls liquidity from the banking system to trigger a crisis.

Jan 2020 the Fed reduced emergency REPO by $110B (-44%) over 8 wks.
BTFP has been reduced by $29B (-29%) over 2 wks, targeting $0 on 6 Nov 2024... 1 day after the election. https://t.co/lL5Hm1hCMy

🚨BREAKING: The Federal Reserve's emergency BTFP dropped by a shocking $30 billion this week, leaving only $26 billion left.

Jerome Powell is pulling the liquidity rug away to trigger a crisis, exactly like Feb 2020. https://t.co/hbzDa6TE5F