"Don't Fight The Fed" | The Snider Series | Episode 3 (WiM093)
The "What is Money?" Show
00:00
Can Yoso on the Bad Po Clateral?
"It's not knowing a in a lot of cases, it wasn't treasures. It was all a liquid piece of junk," he says. "I means i'm going to lose money on what's supposed to be a safe transaction." The repo market hadn't really been standardized by the 1970s and 80s when this crisis occurred.
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