#410: The Fed Is Trying To Bring Down The European Banks with Tom Luongo
TFTC: A Bitcoin Podcast
00:00
Why the Fed Doesn't See This?
If I were the Fed and I wanted to regain control over my own monetary system, what would I do? Well, I first cut off City of London by getting rid of LIBOR. And I'd start draining the offshore dollar markets of liquidity before I started raising interest rates. If you're not going to be willing to analyze their actions from that perspective, I'm not willing to listen to you because you're not a serious observer of markets. It's just that simple. You have to give the devil its due, even if you don't like them.
Transcript
Play full episode
