Note the statement: “the amount of reverse repos issued by the Fed to make banks appear healthier than they are”
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It all a shell game wherein the Fed temporarily buys back securities from the banks thereby making the banks look like they have more money than they do (i.e., healthier than they really are). In a day or two, the Fed will sell the securities right back to the banks, un-doing the temporary purchase. Just money moving around for the express purpose of window dressing.
So, fraudulent accounting, then?
I’ll try this on my next quarterly filing.
Moving money from the right pocket to the left. Then back to the right. Whoo Hoo, I gots cash!