FED LEAVES RATES UNCHANGED. (Breakdown).

From Greg M

Lions…

REAL LIQUIDITY IS EVAPORATING. And this is something we have covered repeatedly. More war will help mask this… for now.

Let’s break it down.

“Liquidity” = the system’s ability to move money quickly and freely through banks, markets, and businesses.

But right now… The system is full of debt… Not full of usable cash.

REVERSE REPO LEVELS ARE DRYING UP.

Th…