SHY - Taking You The Fed's Bank Reserves And Banks' Checkable Deposits For A Quick Stroll In The Monetary Zoo
- Things aren't so simple as positive versus negative, especially when it comes to moving progress forward - or stopping in its tracks.
- ABS issuers had been, since around 1995, one of the largest sources of credit for the US and global economy.
- Excluding the federal government, the amount of risky credit flowing into the domestic financial system and ultimately supporting the economy is actually a fraction of what had been keeping things moving.
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Taking You, The Fed's Bank Reserves, And Banks' Checkable Deposits For A Quick Stroll In The Monetary Zoo