AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
TIP542: The Crisis is Bigger Than Banks w/ Jeremy Grantham
We Study Billionaires - The Investor’s Podcast Network
The Longevity of the Fed's Discount Window
Banks are choosing to use the Fed's discount window to a degree that's even more than 2008. And I guess what that tells me is that the banks are needing that cash and are willing to take a haircut because they're in a more desperate place than we thought. That just leads me to believe that tightening is going to continue on the lending terms, which might exacerbate a recession a bit quicker.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode