[CIB-173RDABN]

When people get almost zero interest on their money, they will look for another place to put their money.

At the rate banks are paying, you are almost better putting your money in coffee cans and bury it in the back yard. At least your back yard will not go bankrupt.

[grania]

How will the banks ever survive if they don’t get to use savers’ money for free?

[KTM rider]

The Federal Reserve is like a gigantic monster movie sized bloated tick full of Lyme disease sucking the life out of America

[G Larry]

Where did these co-authors go to school?

“deposit outflow”???

Ladies!

They’re called WITHDRAWALS!!!!

[upchuck]

Just what we need: a new tool. As if the current tools haven't caused havoc already.

From the article:

Banks also face the retreat of large institutional deposits as the Fed uses a new tool known as a "reverse repo facility," or RRP, to stage its retreat. The RRP effectively allows non-banks such as money funds to have reserve accounts at the Fed.

Huh? To what end?

Why does everything the Fed does have the sound and feel of smoke and mirrors? Who thinks up this stuff? Denver pot heads?

[MaxMax]

Are the Obamanites getting ready to toss the economy into the crapper because
2014 will be their bad election year? They'll get to blame it on the Repubs.

It's going to happen anyway but being forced will make it worse.