3min chapter

Bankless cover image

128 - Scariest Macro Setup In 20+ Years | Luke Gromen

Bankless

CHAPTER

Government Money Market Funds - Is That the New Problem?

In 20 14, the s c c passed a rule for money market funds to be gaited in times of crisis. But it exempted something called government money market funds. So basically, by regulation, the us. Government began shifting dollars that were in the money market fund sector. That is a polite version of what f d r did. V s v gold, which was a monetary acid at the time, its private property now. The other piece here is, like, you are talking about finding the succor to buy treasuries, right? And so when the us. Realizes that that will be the new problem, i wonder how jealous it gets.

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