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The Fed Created the Repo Market, then Ignored it [Ep. 273, Eurodollar University]

Eurodollar University

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The Federal Reserve, Despite Inventing Thep Agreement Market, Is Oblivious to It

In 19 54, edward simons wrote a damning that is still true to day. He said government securities acquired under re purchase agreement attracted little attention in discussion of central bank policy. We saw the same, same thing, paraphrasing 19 81 drisdale affair on mazin brian,. here we are to day. And i think that's again, the irony of ironies, the early repo market, and this was all all the way up until... The ripo market was flourishing after, after the liberty bond issuance in world war two. It was flourishing during the 19 twenties with the federal reserve in the middle of it. Then the great depression happened. Don't know

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