Wall Street Silver @WallStreetSilv
Reverse Repo rate now 3.8%. The Fed is paying banks risk free 3.8% now to park money. With $2.3 trillion parked at the Fed, the banks are receiving risk free about $87 billion per year or about $1.6 billion per week. Fed profits used to go to the US Treasury. https://t.co/hdDn6ZuEmx — PolitiTweet.org
