/biz/ - Business & Finance

Anonymous Sun Oct 18 21:59:30 2020 No.23360814 [View]
File: 600 KB, 1276x709, 1598315441060.png [View same] [iqdb] [saucenao] [google]

>>23360640
ok so talking specifically in terms of QE.

JPM hands over a Treasury Bond to the Fed.
The Fed credits their liability to JPM's reserve account by the agreed price.

What can JPM then do with that reserve? it appears you're stating they can purchase what you have outlined below.

However those are for "normal" reserves, i.e. not created through the QE process.

Do you know if QE process reserves are treated any differently than "normal" reserves?

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