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10min chapter
BTC158: Systemic Bond Issues & Bitcoin's Impact w/ James Lavish (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Impact of the Reverse Repo Facility
This chapter discusses the reverse repo facility and its impact on the treasury and hedge funds. It explains how the treasury issues shorter term T bills to fund the government and draws money from the reverse repo facility. The chapter also mentions that deposits from banks are being put into money markets to invest in T bills, which are seen as low-risk.
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highlights
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