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3min chapter
BTC089: European Fragmentation Policy & Mounting Global Pressures w/ Alf Pecca (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is the New Antifragmentation Tool Going to Be a Full Back Stop for Country Spreads?
The new antifragmentation tool is effectively supposed to be a full back stop for country spreads. The idea is to have an unlimited bonbine tool, but only to use it as a back stop if the situation gets worse and worse. It's not like agis, if you sell italian goerment bonds and the sprit against germany goes to this ve, we're just going to buy them all. But they also had to put some conditions in there.
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