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Updated over 5 years ago on . Most recent reply

User Stats

100
Posts
176
Votes
Kathy Fettke
  • Rental Property Investor
  • Los Angeles, CA
176
Votes |
100
Posts

Anyone Concerned About the Fed's Recent "Repo?"

Kathy Fettke
  • Rental Property Investor
  • Los Angeles, CA
Posted

The economy seems to be on fragile ground based on this "unexposed" information about the Fed repo. How are you preparing for a potential downturn?

Most Popular Reply

User Stats

100
Posts
176
Votes
Kathy Fettke
  • Rental Property Investor
  • Los Angeles, CA
176
Votes |
100
Posts
Kathy Fettke
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Scott Mac When the Federal Reserve is creating and injecting $75B per day to keep banks liquid, that is concerning. This is not being covered in mainstream media and quite frankly, my inside sources tell me high level people at the Fed do not know how to solve it.

I'm taking as much money as I can out of banks and into gold but also buying cash flow properties in B neighborhoods in solid job growth markets. Those who think the economy is the strongest ever (in spite of $1 trillion annual deficit) should look at basic accounting practices.

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