Comments on: The Reverse Repo

By: ant

ant — Thu, 11 Feb 2010 10:22:33 +0000

I may be dumb here but is he not, at least temporarily, taking money out of the system through this device?

By: ejhickey

ejhickey — Fri, 04 Dec 2009 03:13:47 +0000

Finally , someone has called the “Reverse Repo” scheme what is really is , a sham that is a scam. To me this seems like trying to get the water out of a bath tub by siphoning it into another bath tub and then saying to your wife “Look honey , I fixed the problem and got the water out of the tub.” Then after she goes to bed , you drain the water back to the first tub. as long as she doesn’t notice the extra tub or nothing leaks out, you are cool. Oh , you also have to hope the floor doesn’t break or no more water comes in. This would be funny if it was a Laurel and Hardy movie.

By: john

john — Thu, 03 Dec 2009 23:41:17 +0000

“reverse re-po” Is that the same as a cash out refinance on your house at a HIGHER interest rate?

By: CommonCents

CommonCents — Thu, 03 Dec 2009 18:39:52 +0000

As the Fed’s shell game gets more and more convoluted by them adding more and more shells, do you think we will ever reach a point when someone stands up and says the famous line from Risky Business?

You know the one “Joel says: Sometimes you just gotta say “what the ..ck.”

By: sierra

sierra — Thu, 03 Dec 2009 15:38:32 +0000

“Reverse” re-po reminds me of football, the contrast between college and professional. College football sometimes seems more “exciting” than pro ball because of the often used “reverse hand-off” play.
In college ball, it is used because they can get away with it more…
In pro ball, it is exceptional to succeed with this play because pro ballers “react” with more swiftness to the play.

As with Bernanke’s “reverse” play the pro’s will see thru it almost immediately….and????

Watch out below!!!!

By: Refurb

Refurb — Thu, 03 Dec 2009 13:20:15 +0000

All of the above is the correct answer unfortunately. Spot on…