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Crypto Voices

PE50: How much money does the US Treasury have? (V)

31 Mar 2023

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Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fiftieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:58 Weekly balance sheet update 03:30 To be clear: Base money is Notes + Bank reserves 05:50 Treasury general account (an 'other' Fed deposit) 10:50 TGA during covid pandemic 14:10 Treasury doesn't influence monetary policy... right? 22:04 Brief review of (non-bank) Reverse repo facility 25:20 Final review of the Fed's four main liabilities Here we look at the 108 year, 5,655 week history of the Federal Reserve and its balance sheet. In this one we are looking specifically at the 'Treasury General Account;' that is, how much money does the US Treasury actually have in its bank account! https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

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