1min chapter

Moody's Talks - Inside Economics cover image

Klein on Threats to the Global Financial System

Moody's Talks - Inside Economics

CHAPTER

Freddie's Government Was Sitting There Behind the Whole System

I agree with a lot of what you said, most everything up to that point in time. But when the only reason he was able to get away with that is because they were sitting at conservators,. So the whole system was backed by the government. We don't know what would have happened had the Fed not building money market mutual funds. I encourage you to read it even if it's going to aggravate you. Because I'm going to make Ryan read it and give me a pricy.

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