The private and unconstitutional Federal Reserve's not QE4 repo loan program will expand tomorrow by up to an additional 60% per evening.
Today partially via Twitter, the New York Fed announced that it is increasing its temporary overnight repo operations up to $120 billion a day from its original up to $75 billion per night commitment.
A now near $4 trillion fiat Federal Reserve note balance sheet is not shrinking unlike how the Bernanke and the Yellen proclaimed it would for years.
The next broken promise of their ilk might just be Yellen's arrogant 'no financial crisis again in my lifetime' statement.
Remember when th