"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Thursday, January 5, 2012

Ponzi Funding

The BoJ has just released their dates for expected US Dollar Funding Supply Operations (embedded below the charts).  This comes in the wake of the FRBNY release regarding the US Dollar Liquidity Swap Line usage data.  This week the supply of dollars to BoJ, ECB, and SNB remained unchanged from their jump which was reported last Thursday.  As for the the US Fed bailing out Europe, that seems to be what is going on. 


ECB Data:

BoJ US Dollar funds Supplying Operations Dates