POMO

I've explained POMO before and how Primary Dealers make risk free money in return for levitating the market for the Fed- it' a no lose proposition for them, but to see in action just how corrupt the system is, this article will explain succinctly how the Fed uses the PD's to monetize debt and how the taxpayer and savers are punished for it while the PD's like GS make a killing nearly risk free. It also shines a light on the complex and inside relationship between the investment banks, hedgefunds, etc and the Fed and just why so many reports we have found with 3C, show obvious leaks.

Here's the article


This is who we are up against in a zero sum game and why we join them rather then try to beat them.