Rafi Farber
Rafi Farber Articles
We're getting down to the wire now. Biden has cancelled debt ceiling negotiations with Republicans yesterday. Maybe Hunter's in trouble again. Who knows.Treasury has between 2-4 weeks of cash left before the United States will not be able...
Another week, another bank failure. PacWest Bancorp (PACW) has collapsed on reports that it is looking to sell itself. This is never really a great opening line or stance for increasing one's value on the market in any walk of life. As a...
This week, come and hear an inspiring story involving California Senator Dianne Feinstein and a certain, shall we say, malady. The Treasury is running out of cash, with the debt ceiling to be hit by June.
Back in 2020 and 2021 when the Federal Reserve printed about $6.5 trillion dollars, $2.3 trillion more on top of that gargantuan sum ended up in a monetary horror funhouse called "reverse repos". Financial institutions could dump their...
If you're wondering how a system-wide banking failure could suddenly spring up on the Federal Reserve without warning, wonder no more. The Fed conveniently forgot to stress test banks for rising interest rates. Had they done so, they would...
The era of zero interest rates is long gone, and annual interest payments on the $31.6 trillion debt load are up 41% since last year (of course, the fastest rate of increase ever), and fast approaching the $1 trillion mark. Consumer prices...
The only way to get away from the dollar is to dig underneath it, right to the very base of the monetary pyramid itself.
You wouldn't know it from the paper price, but Q3 of 2022 saw the largest net gold buying by central banks since 1967, one year before the London Gold Pool blew up. Don't worry though.That doesn't mean their currencies will be stabilized,...
Now Secretary of the Debt Janet Yellen says she wants to buy back 20-year treasuries. Rafi Farber has a question about this. How in the name of math do you buy back $1.4 trillion in debt with only $600 billion in your bank account at the...
Good news everyone! Two weeks to flatten the curve is back! Except this time it's the British yield curve, and it's the Bank of England that says it needs two weeks to flatten it! The FT reports: "Central bank to spend £5bn a day for 13...
