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Where did it all go? It was all a lie.

Eurodollar University

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The Negative Effects of Interest Rates on the Economy

If the economy was growing people would not tie their money up in t-bills or CDs. They'd be like oh 5% Well, I'm gonna get eight nine 10 on this 12% of this investment over here. The fact that they're heading towards safe and liquid investments tells us which they already are telling us: hey look the economy isn't that good? We'll talk to again next week.

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