We've got this balance sheet and what are we going to do with it? You know, the Fed has taken us into a new Regime and what is called ample reserves regime. And It looks like that might be fraying a bit here in terms of whether the reserves are actually ample in the, in the system. There are all these facilities and operations, the standing repo facility. And you know, I think we've got to kind of simplify things. (06:03–06:11)
CLAIM
Asserts that there are concerns about whether the reserves are actually ample in the system.
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