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Are We Headed Towards a Monetary Breakdown? | Jeff Snider

Hidden Forces

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Quantitative Easing and the Collateral Crisis?

Jeffrey Toobin: The way the collateral actually works throughout the system has never really been examined. He says it's a political problem which goes outside the bounds of what the Fed can do. "The Federal Reserve as it is currently constituted cannot fix this issue," Toobin says.

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