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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Sam who wrote (7819)8/17/1999 11:15:00 PM
From: JF Quinnelly  Read Replies (1) of 15132
 
Yes, free reserves are still available.

I suppose they could also go negative if there is a lot of new demand from banks and the Fed doesn't pump in more money. I'm not sure what the Fed does in order to create free reserves, it may be as simple as the buying of bonds in the open market.

We should keep an eye on the number, and make sure we notice if free reserves do go negative.
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