mathewjosephjr on Nostr: DrJeff this article seems to say banks would no longer be restricted by the SLR in ...

DrJeff (nprofile…5vs5) this article seems to say banks would no longer be restricted by the SLR in determining how much in treasuries they could buy… but I fail to see the link between that and the banks having the ability to absorb liquidity ‘as infititum’. Don’t they still need real cash to buy treasuries and so are capped by what they have on the balance sheet?